Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report) were up 2.6% on Tuesday . The company traded as high as $54.30 and last traded at $48.60. Approximately 82,494,414 shares changed hands during trading, an increase of 634% from the average daily volume of 11,239,630 shares. The stock had previously closed at $47.36.
Trump Media & Technology Group Stock Down 12.2 %
The firm’s 50 day simple moving average is $22.44 and its 200-day simple moving average is $31.84.
Trump Media & Technology Group (NASDAQ:DJT – Get Free Report) last released its earnings results on Friday, August 9th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $0.84 million for the quarter.
Insider Activity
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the business. CWM LLC purchased a new position in shares of Trump Media & Technology Group in the third quarter valued at $66,000. Moisand Fitzgerald Tamayo LLC bought a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $34,000. Avondale Wealth Management acquired a new position in Trump Media & Technology Group in the third quarter worth $64,000. Sapient Capital LLC acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at about $2,339,000. Finally, Creative Planning acquired a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $538,000. Hedge funds and other institutional investors own 4.29% of the company’s stock.
About Trump Media & Technology Group
Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.
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