Where Will Trump Media Stock Be in 1 Year?

Trump Media & Technology Group (NASDAQ: DJT), which owns the social media platform Truth Social, went public by merging with a special purpose acquisition company (SPAC) on March 26, 2024. Its stock opened at $70.90, sank to an all-time low of $12.15 on September 23, but now trades at about $34. Let's see where this volatile stock could head over the next year.Trump Media's core asset is Truth Social, but it doesn't disclose its monthly active users (MAUs), its average revenue per user (ARPU), or any other growth metrics which social media companies like Meta Platforms actually use.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool