Trump Media stock falls over 50% since inauguration

Shares of Trump Media & Technology Group have dropped over 50% since Donald Trump's inauguration, now trading just above $19. This decline follows a peak of nearly $80 after the company's public debut in March 2024. Analysts report a lack of interest from large investors and day traders. Trading volume has decreased significantly, indicating waning enthusiasm for the stock. The company reported net sales of $3.6 million in 2024 but faced a net loss of over $400 million. Institutional investor interest remains low, despite some previous stakes from major firms.