Trump Media & Technology Group Corp. (DJT) is experiencing a decline in its stock price today, potentially influenced by broader market trends and ongoing legal challenges. The hotter-than-expected jobs report released on January 10th has led to a sharp fall in major stock indices, with the S&P 500 down 1.2% and the Nasdaq Composite down 1.7%. This broader market downturn is likely contributing to the pressure on DJT's stock. Additionally, Donald Trump's legal issues continue to weigh on the company, as he faces sentencing in New York for his criminal hush money case. The U.S. Supreme Court recently denied his request to delay the sentencing, which is scheduled for today.
The current price of DJT is $34.01, down 1.53% from the previous close of $34.54. Despite being early in the trading day, the volume is notably low at 941,287 shares, representing just 2.43% of the average daily volume of 38,701,878 shares.