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DJT · Analysis updated Nov 4, 2026, 9:01 AM ET
Why is Trump Media & Technology Group (DJT) stock moving?
DJT is trading near record lows. It closed at $5.95 on Nov 3, after hitting a low of $5.40 on Oct 30, and is down about 41% over the past month and 55-60% year to date. On Nov 4 it fell about 11% to roughly $5.27-$5.30 after Democrats won control of Congress, which unwound the 6% election-eve rally. The stock has long traded as a proxy for Trump's political fortunes, so the shift in the political outlook hit it harder than the broader market. Fundamentals are weak. Q2 revenue was only $1.7M, against a net loss of $238M driven by digital-asset marks. Trailing losses are about $1.3B, and the company carries heavy debt and bitcoin exposure. The $6B all-stock TAE fusion merger is still subject to regulatory and shareholder approvals, and a second amended S-4 has been filed. Bearish options flow, litigation and regulatory scrutiny of Truth Social monetization add pressure. Q3 earnings, listed for Nov 9, are the next catalyst. Trading volume has been modest, and the downtrend is persistent, though oversold bounces like the Nov 2-3 rally can happen.
News behind the analysis
- Trump Media Sinks 11% as Democrats Win Control of Congress; Rumble Ticks UpDJT fell about 11% to roughly $5.27-$5.30 on Nov 4 after Democrats won Congress, trading below its prior $5.40 52-week low. The stock is down 41% over the past month.
- Why is Trump Media & Technology Group stock sliding today?DJT slid 7.4% pre-open to $5.51 as early midterm counts pointed to a Democratic sweep. Traders unwound political-sentiment positioning ahead of Q3 earnings.
- Midterm Blue Sweep Hits the 'Trump Trade': SpaceX, Tesla and Defense Stocks SinkTrump-linked trades unwound premarket after Democrats won both chambers. DJT fell 10.6% to $5.32, extending a 55% slide this year.
- Trump stock plunges after U.S. midterm election resultsDJT fell about 7% premarket on Nov 4 after the Democratic victory, reversing most of the prior session's 6% rally. The article notes the pending TAE fusion merger as another key development.
- Trump Media Rises 6% Ahead of Midterms With No Clear CatalystDJT rose about 6% to $5.93 on election positioning despite being down 55% year to date.
- Trump Media & Technology Group Corp. (DJT) Stock Price, News, Quote & HistoryTrump Media and TAE filed a second amended S-4 for their merger, which still needs regulatory and shareholder approvals. Q3 results are listed for Nov 9, 2026.
- Trump Media (DJT) latest stock news and headlinesHeadlines include Truth Social selling early access to Trump posts, the stock hitting all-time lows, and the TAE merger filing.
- Trump Media (DJT) stock news and analysisCoverage notes bearish options flow, with 11,866 puts trading at 13x expected volume. It also covers the all-time-low sell-off and a lawsuit over monetizing Trump's Truth Social posts.
- Trump Media Q2 earnings: $1.9 billion asset base confronts digital asset volatilityQ2 revenue rose 89% to $1.7M, but the net loss widened to $238M, driven by unrealized digital-asset losses. The company is pivoting toward B2B licensing and the TAE merger.