Trump Media & Technology Group Corp. (DJT) saw a decline in its stock price on February 4, 2025, closing at $30.62, down 0.65% from the previous close of $30.82. The stock opened at $30.80 and reached a high of $31.34 before retreating to a low of $30.52. Trading volume was notably low at 3,537,157 shares, just 15.71% of the average daily volume, indicating subdued investor interest.
The decline comes amid concerns highlighted in a recent analysis that labeled DJT as overvalued with an uncertain growth outlook. The report criticized the company's management for missing revenue targets by 99.6% and pointed out significant weaknesses in internal controls and financial reporting. These issues, coupled with inexperienced leadership, have raised doubts about the company's future performance. Additionally, despite recent strategic initiatives like the launch of a financial services brand, Truth.Fi, in partnership with Charles Schwab, the market remains skeptical about the company's valuation and growth prospects.