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After the results of the U.S. election, Trump Media & Technology Group (DJT.US) may experience extreme volatility.
Generated by AI AgentMarket Intel
Monday, Nov 4, 2024 8:20 am ET1min read
The roller-coaster ride of the stock of Donald J. Trump Media & Technology Group (DJT.US) in some ways reflects the chances of the Republican presidential candidate winning the election. After the election, the stock faces the risk of extreme volatility because its trading is disconnected from the company's daily business fundamentals. The company reported revenue of US$837,000 and a loss of US$16.4 million in the second quarter, while its market capitalization is US$6 billion.
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