Trump Media & Technology Group (NASDAQ:DJT) Shares Up 8.4% – Here’s Why

Posted by Geri Gentry on Jul 2nd, 2026

Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report) traded up 8.4% on Thursday . The stock traded as high as $8.55 and last traded at $8.6940. Approximately 819,398 shares changed hands during trading, a decline of 81% from the average session volume of 4,302,859 shares. The stock had previously closed at $8.02.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Trump Media & Technology Group in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Stock Analysis on Trump Media & Technology Group

Trump Media & Technology Group Stock Performance

The stock has a market capitalization of $2.35 billion, a PE ratio of -2.06 and a beta of 4.10. The firm has a 50 day moving average of $8.52 and a 200-day moving average of $10.44.

Institutional Trading of Trump Media & Technology Group

Hedge funds have recently made changes to their positions in the stock. Motiv8 Investments LLC acquired a new stake in shares of Trump Media & Technology Group during the fourth quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new position in Trump Media & Technology Group in the 4th quarter valued at approximately $40,000. Daiwa Securities Group Inc. lifted its position in Trump Media & Technology Group by 68.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,012 shares of the company’s stock worth $54,000 after buying an additional 1,223 shares in the last quarter. Larson Financial Group LLC lifted its position in Trump Media & Technology Group by 70.7% in the 4th quarter. Larson Financial Group LLC now owns 3,104 shares of the company’s stock worth $41,000 after buying an additional 1,286 shares in the last quarter. Finally, CI Investments Inc. boosted its stake in shares of Trump Media & Technology Group by 1,783.4% during the 3rd quarter. CI Investments Inc. now owns 3,296 shares of the company’s stock valued at $54,000 after buying an additional 3,121 shares during the period. 4.29% of the stock is owned by hedge funds and other institutional investors.

About Trump Media & Technology Group

(Get Free Report)

Trump Media & Technology Group (NASDAQ: DJT) is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.