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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Communication Services
Trump Media & Technology Group Corp. is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > Streaming Launch
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Post by Nailbiter2 on Jun 19, 2024 5:38pm

Streaming Launch

DJT Stock: Trump Media Says Streaming Launch Is Top Priority


As former President Donald Trump awaits sentencing, Trump Media & Technology Group (NASDAQ:DJT) is planning to launch its own streaming service. Despite the news, however, shares of DJT stock are down again today.

Trump Media has been struggling for months amid declining users and steep financial losses from Truth Social. Trump’s legal problems haven’t helped. DJT stock has been highly volatile since a jury found the former president guilty on 34 felony counts of falsifying business records amid the 2016 election. 
But now Trump’s struggling media firm seems more focused on launching the streaming venture that it promised months ago.

Comment by BlackBear22 on Jun 19, 2024 6:34pm
The streaming market is already crowded with big players. DJT is years behind in development.  What are they bringing to the table in this industry that is new and what % of this market do they realistically believe they could capture when their user base is a fraction of others. Just a smokescreen for the bagholders I'm afraid.
Trump Media & Technology Group Corp
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