Trump Media Stock’s Retail Buzz Spikes After Another Assassination Attempt, Ex-President's Promise To Hold Shares

Shares of Trump Media & Technology Group Corp. (DJT) are in the spotlight on Monday, generating the most chatter on Stocktwits following a series of important developments.

After a gunman attempted to assassinate former President and current Republican presidential candidate Donald Trump at his golf course in Palm Beach on Sunday, message volume for DJT stock jumped 30% before settling back into more normal levels.

This assassination attempt comes just two months after Trump was wounded in a shooting at a Pennsylvania rally, with the FBI confirming the latest incident as an ongoing investigation. The suspect is reportedly in custody.

Bloomberg reported that Trump, in an email to his supporters, declared, “Nothing will slow me down. I will NEVER SURRENDER!”

In his latest post on Truth Social, the social media platform run by DJT, he thanked law enforcement for their quick action and praised their efforts to keep him safe.

DJT shares have been notoriously volatile, heavily influenced by news related to Trump, who owns nearly 65% of the company.

On Friday, the stock got a boost after Trump vowed he “absolutely” won’t sell his shares when his six-month lockup period ends later this month.

Still, the company has faced significant challenges, losing about 70% of its value since its SPAC merger in March. Recent weak Q2 results — featuring a $16.4 million net loss and a 30% drop in revenue — have also weighed on the stock.

Insider selling and Trump’s debate performance against Democratic rival Kamala Harris have further added selling pressure.

Monday’s pre-market gains turned to a slight dip of over 2% after the open, underscoring the stock’s unpredictable nature.

Still, the continued buzz around DJT suggests that retail investors remain glued to the company’s fate, with each new headline fueling more speculation.

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