What's Going On With Trump Media Stock?


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading lower Friday, and the stock is down more than 30% over the past five days.

What To Know:

According to a report from The Guardian, the Congressional Integrity Project sent a letter to the Republican House Oversight Chair, James Comer, requesting a probe into the merger between Trump Media Technology Group and Digital World Acquisition on Thursday. 

"We are calling on you to investigate possible influence peddling and corruption involving a former president and current presidential candidate," wrote the Congressional Integrity Project's executive director, Kyle Herrig.

Earlier this week, Trump Media filed its first 10-K report with the SEC in which the company reported revenue of $4.13 million for full-year 2023 and warned of ongoing financial losses. 

"TMTG has historically incurred operating losses and negative cash flows from operating activities … TMTG expects to continue to incur operating losses and negative cash flows from operating activities for the foreseeable future, as it works to expand its user base, attracting more platform partners and advertisers,” the company said in the filing.

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For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.

DJT Price Action: According to Benzinga Pro, Trump Media & Technology Group shares are down 8.26% at $42.34 at the time of publication Friday.

Image from Shutterstock


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsMoversCongressional Integrity ProjectDigital World Acquisition CorpJames Comerwhy it's moving