BUZZ-Trump Media down following Presidential Inauguration

Updates

Shares of Trump Media & Technology Group DJT.O down 6.1% at $37.58 premarket

Donald Trump reclaimed position as the U.S. president on Monday after taking the oath of office in the Capitol Rotunda

Retail traders had increased their purchases of Trump Media shares ahead of Inauguration Day with individual investors buying about $2 mln on Jan. 13 and 14 Tuesday each, the highest since Nov. 14, according to Vanda Research

In the run-up to Nov. 5 U.S. election as well, retail traders ramped up their bets on DJT, the parent of Truth Social platform

"Investors in Trump Media & Technology Group might have been taken aback by the new president's talking favourably about rival social media platform TikTok, implying it has been an effective way of reaching a large audience," says Dan Coatsworth, investment analyst at AJ Bell:

"However, this is pure speculation. Fundamentally, shares in Trump Media & Technology have been highly volatile and this remains the case" - Coatsworth

In 2024, DJT stock had risen nearly 95%, while since the beginning of 2025, shares have jumped ~17%

(Reporting by Ananya Mariam Rajesh in Bengaluru)

((AnanyaMariam.Rajesh@thomsonreuters.com ; X: https://twitter.com/AnanyaMariam))