Ladies and gents, Trump Media finally gave investors a reason to uncross their fingers for the first time in two months. After a brutal losing streak, the stock, trading under the ticker “DJT,” managed to scrape together a 7% bump today. 

This recovery follows a gut-wrenching 45% drop since mid-July, right around the time that Trump narrowly escaped an assassination attempt at a Pennsylvania rally. (Love him or hate him, you have to admit that delivered one of the most iconic photos in all of American history.)

(Source: Vox)

Before today, the picture wasn’t pretty. Trump Media’s stock has slid almost 70% from its peak back in March, when it first hit the public market after merging with a special purpose acquisition company (SPAC). That high of $66.22 per share feels like a distant memory now, with shares sitting at $18.39. A far cry from the top, for sure.

And here's where it really stings—Trump himself. His personal stake of 114.75 million shares, which was once valued at a hefty $6.2 billion, has plummeted to around $2.1 billion. For someone who’s made a career out of his billionaire status, that’s got to hit harder than a tough news cycle. He’s even been bumped off Bloomberg’s Billionaires Index of the world’s 500 richest people. That’s not a title he’s used to losing.

What’s driving the recent 7% surge? It’s not entirely clear, but there’s speculation that a recent national poll showing Trump neck-and-neck with Kamala Harris in the 2024 presidential race might be giving some folks a renewed sense of optimism. After all, for better or worse, Trump Media’s stock often behaves like a barometer for the man’s political fortunes. It’s like the stock market equivalent of a MAGA rally—big energy, but highly unpredictable.

(The Irish Times)

And speaking of unpredictability, Trump Media still faces a mountain of challenges. Experts, like Matthew Tuttle of Tuttle Capital Management, have been sounding the alarm for a while now. As Tuttle bluntly put it, “If this wasn’t Trump, this thing would be trading at $1.” 

(Source: Wealth Management)

Harsh, but let’s be real: the fundamentals are shaky at best. Trump Media’s revenue last quarter was a measly $837,000, which is like loose change compared to what giants like Facebook or even Twitter (sorry, X) are pulling in. Sure, they’re expanding into streaming with Truth+, but there’s a long way to go before we can call this a serious business.

Now, if you’re wondering about Trump selling some of his stock to free up some cash, that’s about to get interesting. The lock-up period preventing Trump and other insiders from selling shares is set to expire on September 20. Once that restriction lifts, who knows what’ll happen. If Trump decides to dump a chunk of his shares, it could send the stock spiraling again.

I think Matthew Tuttle said it best: “I am a huge believer that you must keep politics and profits separate. If you’re holding onto this for dear life because you’re a Trump fan, that’s just stupid. You invest to make money.”

At the end of the day, Trump Media’s stock may have jumped 7%, but if you're hanging onto it out of loyalty rather than smart investing, you’re missing the point. Stocks aren’t fan clubs—they’re investments. And with shaky fundamentals, low revenue, and a valuation that still seems way too high even after dropping 70%, this is one stock you better stay away from right now.

But, but, but…

While Trump and the Truth Social crew are scrambling to stop their stock from freefalling and keep the platform relevant, our Stocks.News alert on Wednesday delivered a whopping +162.08% gain in under 24 hours. And yes, we called it. While Truth Social is scrambling to fix the cracks, our premium members are already cashing in and moving on to their next win.

This isn’t our first rodeo either—this marks our fifth triple-digit winner in a row. While Trump’s team is stuck in damage control mode, our subscribers are living their best lives, riding the wave of consistent gains.

So, why waste time watching the ups and downs of Truth Social when Stocks.News premium members are racking up wins every week?

If you're ready for more gains and fewer headaches, it’s time to upgrade to Stocks.News premium. The next big alert is just around the corner, and trust us—you don’t want to miss it.

Until next time, stay sharp and keep racking up those gains!

Stock.News has positions in Meta.