Aqa
2024-03-27

77 years old Donald Trump has just profited $4 billions. Shares in his media company $TRUMP MEDIA & TECHNOLOGY GROUP CORP(DJT)$ soared as the firm made its formal debut on the stock market.

DJT Shares surged as much as 59% past $70 on early Tuesday in their Nasdaq debut, lifted by the firmer U.S. president's supporters. 

The long-awaited moment hands the former president a stake worth more than $4bn.

Wall street noted that DJT share price is far more than the firm's performance warrants. DJT's Truth Social media platform only generated $1.06 million in revenue during the third quarter of 2023.

@TigerStars @Daily_Discussion @Tiger_comments  

How Low Can DJT Stock Go?
DJT lost 35% last week and closed at $37 on Monday trading. This stock is largely dependent on a single individual, Donald Trump, who is undergoing a litany of legal cases. These cases will force him to loan or sell shares of $DJT, which would likely sink the share price. ------------------ What's your target price for DJT? How low can DJT stock go? If Trump loses again what value does he have?
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