Trump Media & Technology Group Corp. (DJT) is experiencing a decline in its stock price today, potentially influenced by ongoing legal challenges. The recent denial of Donald Trump's immunity plea in a New York court, which solidified his January 10 sentencing date, continues to cast a shadow over the stock. This legal uncertainty, stemming from a $130,000 hush money payment in the 2016 election cycle, has added to the downward pressure on the stock. Despite these challenges, some investors remain optimistic about the potential impact of Trump's upcoming inauguration on January 20.
The current price of DJT is $34.52, down 1.99% from the previous close of $35.22. Despite being early in the trading day, the volume is notably low at 5,465,392 shares, representing just 14.09% of the average daily volume of 38,798,290 shares.