There’s been strong volume for the closely watched Trump Media & Technology stock, but no big pops after Election Day.

Trump Media stock was one of the clearest Trump trades going into the election. But since Nov. 6, the stock has fallen about 20% while the S&P 500 has risen 2%. The volatile stock was moving little in the premarket Thursday,

Donald Trump’s social-media company doesn’t earn very much money, but that hasn’t stopped investors from buying up the stock in droves. Trump Media & Technology Group Corp. DJT, parent company of Trump’s social-media platform Truth Social, is valued at $7.8 billion, despite posting only $1 million in revenue in the third quarter.

Shares in Trump Media did not sustain their sudden rise after Donald Trump was declared winner of the 2024 presidential election.

It's set to be another volatile week for Trump Media & Technology Group (DJT), the home of the Republican nominee's social media platform Truth Social.

The case for DJT always relied on the namesake’s comeback. Now that he’s got it, the share price is floundering.

Trump Media & Technology Group (NASDAQ: DJT) stock could become a hot buy after Donald Trump's election win last week. As the former president heads back to the Oval Office next year, there could be a lot more excitement around Trump Media stock and anything related to the Trump brand.

Shares of Trump Media & Technology Group Corp. ($DJT) slumped over 7% on Thursday, setting them on course for their third consecutive day in the red. The stock is now trading below $27, a sharp decline from its Election Day high of $35.