Investors eye Trump Media stock price today at $38.23, focusing on upcoming quarterly filings for clarity on revenue growth. Earnings surprises here tend to produce strong reactive swings. As I look at it, with $50 million in trailing free cash flow, Curaleaf currently sells for nearly 50 times FCF -- a pretty high price to pay, given we don't 100% know yet that President Trump is going to push for marijuana legalization... or that Congress will give it to him... or that Curaleaf will be profitable enough when selling legal marijuana to justify its new price. "Since Trump Media now has approximately $3 billion on its balance sheet, we have the flexibility to take actions like this which support strong shareholder returns, as we continue exploring further strategic opportunities," said CEO Devin Nunes in a release announcing the move. Swing traders track Trump Media stock price today at $37.65, noting the steady consolidation pattern. A break above $39.00 could pressure shorts and create a momentum breakout.
