TMTG has been a long-embattled stock heavily watched by investors, the media, and the curious.
Founded in 2021, TMTG is a media company thats majority-owned by Trump.
Its best-known product is Truth Social, which it launched in 2022.
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Its been mostly downhill since then.
On April 15, TMTG attempted to issue21 million more shares of the DJT stock.
Thestock price fell 18%.
The next day, the company announced it would launch a live TV streaming service for Truth Social.
The stock priceslid another 10%.
Trump, of course, did not blame himself or bad ideas for the declining fortunes of the stock.
The market responded to the verdict by pushing DJTs stock downanother 14%.
The volatile stockrecovered quicklyfrom the blow.
All these ups and downs arent good for the companys long-term fortunes.
TMTG posted a first-quarter loss of $327.6 million in May.
The reasons why the stock fluctuates so much are simple.
Its ameme stocktied to the personality and fortunes of one manDonald J. Trump.
Surviving an assassination attempt, so far, is acting like good for business.
During a rally in Butler, PA on Saturday, a20-year-old man opened fire with a rifle on Trump.
Historical events can only juice a company, even one backed by a former president, so much.
The trading day is long and the road to re-election is even longer.
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