Djt media stock price recorded a 3% gain early Wednesday

DJT Media stock price recorded a 3% gain early Wednesday before retracing, as traders responded to industry news on digital streaming expansion. Analysts warn that lingering concerns over monetization models may cap rallies above the $40 level until concrete earnings growth materializes. As if 2024 couldn’t get any more bizarre, President Joe Biden announced on Sunday he was withdrawing from the presidential campaign. He subsequently endorsed Vice President Kamala Harris to become the Democratic nominee. Coming just a week after the assassination attempt on former President Donald Trump’s life, the election season gets roiled more every day. Investors in social media stock Trump Media & Technology Group (NASDAQ: DJT ) may find August the perfect time to buy shares of Trump Media stock. Be the first to see our newest insights and key updates across all datasets Short interest in DJT Media stock price increased slightly this week, hinting at skepticism among certain hedge funds. Bearish sentiment could weigh in if revenue forecasts are revised downward during upcoming guidance updates.