Trump Media stock down over 50 percent since his inauguration and no one is buying: report

Lost in the barrage of news about the stock market plummeting under Donald Trump due to his on-again, off-again tariff threats leading to economic anxiety has been the price stagnation of shares in the Trump Media & Technology Group.

According to a report Barrons' analyst Paul R. La Monica, there is little appetite from large investment houses and day traders in snapping up shares of the president's social media company which fell to just above $19 last Thursday after a one-day drop of 4.5 percent.

According to the report, shares have "... lost more than half their value since the inauguration and have plunged 75% from the high of nearly $80 that they hit shortly after the stock debuted to public trading in late March 2024 following the Truth Social owner’s merger with Digital World Acquisition Corp."

ALSO READ: ‘I miss lynch mobs’: The secretary of retribution's followers are getting impatient

La Monica wrote there is nothing that can be seen on the horizon why share value may increase now that the president is in office and is also posting on competitor X, owned by White House adviser Elon Musk.

Writing, "... it remains to be seen what any new lines of business will mean for the company’s revenue and profit. Trump Media reported net sales of $3.6 million in 2024 and a net loss of more than $400 million," La Monica added, "trading volume has fallen precipitously since Trump took office, a possible sign that individual investors are no longer enamored with Trump Media."

According to analyst Steve Sosnick of Interactive Brokers, " ... the market found other ways to play the new administration. That is why the inauguration bump was smaller than the election bump. Then, as all the ‘Trump trades’ faded, so did DJT."

"Institutional investor interest is scant as well. While some big money managers, such as BlackRock, Vanguard, and State Street Global Advisors did buy stakes last year, that move appears to be driven by the fact that Trump Media was added to the Russell 1000 and 3000 indexes. That means that passively managed funds tracking those indexes would need to own them," the report notes.

You can read more here.