The Inauguration Is Coming—and Trump Media Stock Is Rising

Scott Olson / Getty Images

The Trumpiest a part of the “Trump Trade” was back on today.

On this case, we mean “Trumpiest” since it’s in stock of the corporate that bears the name of President-elect Donald Trump: Trump Media & Technology Group (DJT), whose shares were recently up about 17% to trade at levels not seen since before the election.

The Truth Social operator’s shares, which sometimes move on traders’ viewpoints regarding Trump’s political fortunes, have kind of treaded water since early December. Now, with Trump set to be inaugurated for a second time next Monday, those traders may once more be seeking to buy ahead of a giant event.

The upward move in “DJT” shares is the newest in a wild recent run for the stock. Within the pre-election fall, the shares dropped below $12, weighed down by fears that Trump and other insiders might dump their shares once they became eligible to achieve this. Since then, though, they rose nearly $55 before Election Day; they’re currently changing hands closer to $40.

It has been fairly quiet on the company news front—each by way of announcements and rumors regarding possible acquisitions of, or by, the corporate. Trump Media’s last quarterly financial results landed in November, though the numbers have, at best, been a secondary driver of motion within the stock. 

Read the unique article on Investopedia

Leave a Comment

Copyright © 2025. All Rights Reserved. Finapress | Flytonic Theme by Flytonic.