DJT Plunges 6.44% as Investor Skepticism, Waning Speculation Weigh on Growth Outlook

Trump Media & Technology Group Inc. (DJT) fell 6.44% on Friday, marking its second consecutive day of declines and a 7.47% drop over the past two trading sessions. The stock hit an intraday low of $21.85, its weakest level since April 2025, amid ongoing investor skepticism about its long-term growth prospects and operational sustainability.

Analysts attribute the selloff to a combination of waning speculative interest and broader market uncertainty. The stock has struggled to gain traction despite recent high-profile events, with traders rotating into sectors perceived as more stable. Short-term momentum remains fragile, as the company continues to navigate challenges tied to monetizing its platform and maintaining consistent user engagement.

Market participants have also pointed to the absence of concrete catalysts to justify sustained optimism. While the company’s association with former President Donald Trump generates occasional attention, this has yet to translate into durable revenue streams or investor confidence. Volatility is expected to persist as the stock remains highly sensitive to political and macroeconomic developments, with no clear path to meaningful profitability in the near term.

The recent pullback underscores the speculative nature of the DJT investment thesis. Institutional investors have largely stayed on the sidelines, while retail trading activity remains a key driver of price swings. Without a clear strategy to address structural weaknesses, the stock is likely to remain a high-risk proposition for traders seeking directional exposure to the company’s political narrative.