Trump Media stock was one of the clearest Trump trades going into the election. But since Nov. 6, the stock has fallen about 20% while the S&P 500 has risen 2%. The volatile stock was moving little in the premarket Thursday,

There’s been strong volume for the closely watched Trump Media & Technology stock, but no big pops after Election Day.

The case for DJT always relied on the namesake’s comeback. Now that he’s got it, the share price is floundering.

Phillip Juhan, chief financial officer of Trump Media, recently sold nearly $12 million worth of stock in the company, which operates the Truth Social app. Two other corporate insiders, general counsel Scott Glabe and director Eric Swider,

Shares in Trump Media did not sustain their sudden rise after Donald Trump was declared winner of the 2024 presidential election.

Donald Trump’s social-media company doesn’t earn very much money, but that hasn’t stopped investors from buying up the stock in droves. Trump Media & Technology Group Corp. DJT, parent company of Trump’s social-media platform Truth Social, is valued at $7.8 billion, despite posting only $1 million in revenue in the third quarter.

I HAVE NO INTENTION OF SELLING,” President-Elect Donald Trump wrote on Truth Social Friday, citing “rumors” to the contrary.

The president-elect has threatened broadcast licenses and filed lawsuits against some networks. Executives are bracing for possible deal drama.

The CFO of Trump Media and two other executives sold a combined $16 million in stock after the presidential election, according to SEC filings and a report from CNBC. The news comes as social media users contemplate whether there will be any uncomfortable competition between Truth Social and X now that Donald Trump has tapped X owner Elon Musk to run some kind of commission to slash the federal budget by a third.

Trump Media insiders sold stock worth more than $16 million in the days after last week’s presidential election, according to a series of filings late Tuesday.