DJT
Trump Media Targets Traders With Truth API and Trump's 12.9 Million Followers
Article Summary
HOLD- Trump Media & Technology Group Corp. (NASDAQ: DJT) plans to launch Truth API, a new data-driven trading platform aimed at high-frequency and algorithmic trading firms, next month.
- Trump Media & Technology Group plans to charge traders and investors for real-time access to posts published by Trump's 12.9 million Truth Social followers, which includes White House officials and other senior administration officials.
- The launch represents another expansion beyond Truth Social, which remains Trump Media & Technology Group's main product but has not yet generated an annual profit.
- Trump remains the largest shareholder through a trust managed by his son Donald Trump Jr., and the company remains one of the largest components of his fortune valued at $7.9 billion by Bloomberg Billionaires Index.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 1.7% | 25% | 20.0 ptsMinimal (1.7%) - Very weak |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | — | 20% | 40.0 ptsNo Target Price Available |
| Gross Margin % ? | -177.2% | 15% | 10.0 ptsRazor-Thin (-177.2%) - Weak pricing power |
| Drawdown from 52-Wk High ? | -53.4% | 15% | 100.0 ptsDeep Discount (-53.4%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About DJT
- Trump Media & Technology Group Corp. engages in social media and streaming services in the United States.
- It operates Truth Social, a social media platform for free expression; and Truth+, a streaming platform focusing on family-friendly live TV channels and on-demand content.
- The company also offers Truth.Fi, a financial service and FinTech brand that incorporates America First investment vehicles; and a digital asset strategy including a bitcoin treasury.
- Trump Media & Technology Group Corp. was founded in 2021 and is headquartered in Sarasota, Florida.