Trump Media & Technology Group (NASDAQ:DJTWW) Shares Up 5.5% – Still a Buy?

Trump Media & Technology Group Corp. (NASDAQ:DJTWWGet Free Report) shares shot up 5.5% on Thursday . The stock traded as high as $7.20 and last traded at $7.09. 20,311 shares traded hands during trading, a decline of 56% from the average session volume of 46,658 shares. The stock had previously closed at $6.72.

Trump Media & Technology Group Stock Performance

The business’s 50 day simple moving average is $6.41 and its 200-day simple moving average is $7.99.

About Trump Media & Technology Group

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Trump Media & Technology Group (NASDAQ: DJTWW) is a media and technology company focused on developing digital platforms and content services. The company’s primary offering is Truth Social, a subscription-based social networking service that aims to provide an alternative to mainstream social media outlets. In addition to its flagship platform, Trump Media & Technology Group has discussed plans to expand into audio streaming, video-on-demand and other digital content offerings under the TMTG+ brand.

Founded in October 2021 by former U.S.

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