On Friday, Trump Media & Technology Group Corp. (NASDAQ: DJT) began trading with a gap up, opening at $27.31 after closing at $26.75 the previous day. During the day, the stock reached a high of $25.06 and traded with a volume of 3,585,156 shares changing hands. The company’s fifty-day simple moving average is $42.70.
Trump Media & Technology Group recently reported earnings on May 20th, revealing a loss of ($3.61) per share for the quarter with revenue totaling $0.77 million. The company is known for developing a social media platform called Truth Social, which offers social networking services primarily in the United States. It was founded in 2021 and is based in Sarasota, Florida.
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