#PowellRemarks
As of April 17, 2025, Trump Media & Technology Group (NASDAQ: DJT) is navigating a turbulent market environment, significantly impacted by the broader economic downturn following the U.S. stock market crash earlier this month. This crash was triggered by President Donald Trump's announcement of sweeping tariffs on April 2, dubbed "Liberation Day," leading to a substantial decline in global markets
DJT's stock has experienced considerable volatility. After reaching a peak of $42.91 earlier this year, it has since declined to $21.01 by March 24, 2025, marking a 38% drop for the year. The company's financial performance has also been underwhelming. For the full year 2024, TMTG reported revenues of $3.62 million but incurred a net loss of $400.86 million, a significant increase from the previous year's loss of $58.19 million