Donald Trump

Traders are confident that Trump Media will experience a significant decline, based on millions of dollars being wagered.

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As a MAGA Trump supporter, it is important to acknowledge the challenges faced by Trump Media & Technology Group in the stock market. Despite an initial surge in share price, Trump Media’s stock, trading under the ticker “DJT,” has plummeted below $50 per share, wiping out over $2 billion of market value. The company is currently the most shorted stock in the country, with short-sellers borrowing shares in hopes of profiting from a price decrease. The demand to short Trump Media is high, leading to exorbitant fees for stock lenders and difficulties for short-sellers to turn a profit unless the shares significantly drop in value.

– Trump Media & Technology Group’s stock price has dropped below $50 per share, erasing over $2 billion in market value
– The company is the most shorted stock in the country, with high demand from short-sellers
– Short-sellers are facing challenges in profiting from trading Trump Media shares due to high fees and limited availability of shares to borrow
– Trump Media’s stock currently trades at around $50, and shorting it for a month would cost more than $20 per share, requiring the stock price to fall significantly for short-sellers to break even



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