Since Trump’s inauguration, shares of Trump Media (DJT) have fallen 75% while the digital “meme coins” named for Trump and Melania Trump are down 86% and 99%, respectively, Jack Pitcher of The Wall Street Journal reports. These Trump-related stocks and digital tokens have been hit harder by a slump affecting the priciest and most-speculative corners of the market.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DJT:
- Trump Media call volume above normal and directionally bullish
- Crypto Currents: Upbit plans IPO, Revolut hits $75B valuation
- How a Crypto Pivot Could Transform Trump Media’s (DJT) Stock Valuation
- Coinbase Builds Prediction Market Platform as Researcher Uncovers Hidden Website
- Crypto Currents: Rumble soars on AI deal, Coinbase launches token platform