Trump Media Stock Stuns Analysts with Volatile Trading. Experts Warn of Trump's Impact on Stock Price.

By : Benzinga

Published On: 2024-04-26

1.1K Views

00:41

Trading of Trump Media & Technology Group stock since going public has been volatile, confusing analysts. Retail investors enthused by Trump have driven trading despite the company's financial losses and lack of a clear path to profitability. Experts see little in fundamentals to explain the stock price moves and warn of risks from Trump's unpredictable behavior. Lawsuits and hundreds of millions in legal bills from investigations pose financial stability concerns. Similar volatility occurred with Trump's past business, which later went bankrupt.

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