Trump Media Stock Plummets 50% Since Inauguration Day

Since Donald Trump's second inauguration, shares of Trump Media & Technology Group have plummeted by over 50%, dropping from $40.03 to $19.50 recently, reflecting investor unease amid market volatility and economic uncertainty. The company's stock price peaked prior to the inauguration, fueled by optimistic sentiment following Trump's election victory, but has since faced significant declines, attributed to broader market fears of recession and increased tariffs. Trump Media has reported substantial financial losses, including $400.86 million in losses for 2024 and a revenue of just over $1 million in the third quarter, further exacerbating investor concerns. The company's leadership has also changed, with George Holding replacing Linda McMahon on the board, coinciding with these financial challenges. Additionally, the overall stock market, including the Dow Jones index, has seen significant declines, contributing to a turbulent economic environment that impacts Trump Media and its parent company's stock performance. As the company anticipates further earnings reports, the outlook remains uncertain for investors in Trump's media ventures.