Trump Media & Technology Group (NASDAQ:DJTWW) Trading Down 7.2% – Time to Sell?

Trump Media & Technology Group Corp. (NASDAQ:DJTWWGet Free Report) shares traded down 7.2% on Tuesday . The stock traded as low as $6.85 and last traded at $6.85. 124,981 shares traded hands during trading, an increase of 53% from the average session volume of 81,715 shares. The stock had previously closed at $7.38.

Trump Media & Technology Group Price Performance

The company’s 50-day simple moving average is $6.04 and its 200 day simple moving average is $8.42.

Trump Media & Technology Group Company Profile

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Trump Media & Technology Group (NASDAQ: DJTWW) is a media and technology company focused on developing digital platforms and content services. The company’s primary offering is Truth Social, a subscription-based social networking service that aims to provide an alternative to mainstream social media outlets. In addition to its flagship platform, Trump Media & Technology Group has discussed plans to expand into audio streaming, video-on-demand and other digital content offerings under the TMTG+ brand.

Founded in October 2021 by former U.S.

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