Trump Media & Technology Group Corp. (NASDAQ: DJT), the parent company of Truth Social, extended its steep sell‑off on Monday, November 17, 2025, with the stock breaking to fresh 52‑week lows and hovering only slightly above its original SPAC IPO levels.
According to data from Investing.com and StockAnalysis, DJT closed around $10.84–$10.85 per share, down roughly 2% on the day, after trading between $10.47 and $11.22. That intraday low of $10.47 now marks the new 52‑week bottom, versus a high of $43.46 earlier this year. [1]
The move comes amid heavy scrutiny of the company’s finances, its aggressive push into crypto and prediction markets, and a drumbeat of critical coverage about the viability of the Trump‑backed media venture. [2]
DJT stock price today: key numbers for November 17, 2025
Based on Monday’s official session data: [3]
- Closing price: ≈ $10.84–$10.85
- Daily change: about ‑2% (from a previous close near $11.07)
- Open: $11.01
- Intraday high / low: $11.22 / $10.47
- Volume: ~9.9 million shares, roughly in line with its average daily volume (~9.8 million)
- 52‑week range: $10.47 – $43.46
At a share price around $10.85, DJT’s market capitalization is roughly $3.0 billion, down more than 60% over the past 12 months, according to StockAnalysis. [4]
A brutal year: DJT flirts with SPAC-era price floor
Today’s action caps a remarkably painful slide for Trump Media in 2025:
- Over the last month, DJT has dropped more than 30%, according to TradingView analytics. [5]
- A technical analysis site tracking the name notes that the stock has fallen in 8 of the last 10 sessions, including a 7.98% plunge on Friday, November 14, when it closed at $11.07. [6]
- Futurism, citing market data, reports that DJT shares are down almost 70% since the beginning of the year and over 80% from their post‑merger peak. [7]
Crucially, Monday’s close near $10.8 puts DJT only slightly above the $10 price region that originally anchored its SPAC vehicle, Digital World Acquisition Corp., back in 2021. [8]
In other words, nearly all of the “meme premium” and post‑merger enthusiasm around Trump’s media play has effectively been erased.
Why the market is punishing DJT: Q3 2025 numbers
The immediate fundamental overhang comes from Trump Media’s third‑quarter 2025 earnings, released on November 7.
Reuters reports that for the quarter ended September 30, Trump Media: [9]
- Generated revenue of just $972,900, down about 3.8% from a year earlier.
- Posted a net loss of $54.8 million, nearly triple the $19.2 million loss in the same quarter last year.
- Booked $20.3 million in legal expenses alone for the quarter.
StockAnalysis data show that on a trailing twelve‑month basis, Trump Media has: [10]
- Revenue (ttm): about $3.7 million
- Net loss (ttm): roughly $144 million
- No dividend and no positive earnings, with EPS still firmly negative
Reuters notes that Trump Media has never reported a profit and does not regularly disclose key user metrics (such as daily or monthly active users) for Truth Social, even though its entire business is effectively tied to engagement on the platform and the presence of President Donald Trump. [11]
Forbes recently argued that DJT’s break below the $15 level earlier this month reflected a “price breakdown” driven by fundamental concerns — in particular, the mismatch between the company’s tiny revenue base and its multibillion‑dollar valuation, and the perception that much of the stock’s value is political and speculative rather than operational. [12]
Today’s drop toward the low‑teens simply extends that repricing.
Crypto bets, prediction markets and leverage to digital assets
Another major theme weighing on sentiment is Trump Media’s pivot into crypto and financial products.
Over the past several months, the company has announced: [13]
- A strategic partnership with Crypto.com and SPAC Yorkville Acquisition Corp. to create a digital‑asset treasury company focused on accumulating Crypto.com’s CRO token.
- Plans to embed prediction‑market trading into Truth Social via an exclusive tie‑up, turning the platform into a hybrid of social network and event‑driven betting exchange. [14]
- A suite of “America First”‑branded equity ETFs and even an amended registration statement for a Bitcoin ETF, further tightening links between DJT and the crypto ecosystem. [15]
Futurism, citing Bloomberg data, reports that Trump Media held around $1.3 billion in Bitcoin as of the end of September, making the company highly exposed to swings in the crypto market. [16]
With Bitcoin and other tokens selling off sharply in recent weeks, analysts and commentators warn that crypto volatility could magnify DJT’s already wild share‑price swings, effectively layering trading risk on top of an already unprofitable media business.
Short sellers and market structure questions in the background
Today’s slump also sits against the backdrop of an ongoing, very public fight between Trump Media and short sellers.
Back in April, Trump Media disclosed that London‑based hedge fund Qube Research & Technologies had built a roughly $105 million short position in DJT, and the company urged the U.S. Securities and Exchange Commission to investigate what it called “suspicious activity,” including alleged “illegal naked short selling” — a claim the hedge fund denied. [17]
While that episode dates to the spring, it continues to color how some Trump supporters and retail traders see DJT’s decline — as at least partly the result of targeted short‑selling — even as the company’s fundamentals deteriorate.
Fresh DJT headlines on November 17, 2025
Several new pieces of coverage and filings specifically related to DJT emerged today alongside the price action:
1. Futurism: “The Stock of Trump’s Tech Company Is Crashing So Hard It Isn’t Even Funny”
Futurism published a sharply worded column this morning describing Truth Social as “on life support” and noting that Trump Media’s stock has hit a record low this week. The article emphasizes that: [18]
- DJT is down nearly 70% year‑to‑date and more than 80% from its post‑merger high.
- The share price — roughly $10.7–$10.8 at the time of writing — is now barely above the original SPAC IPO price.
- The company is burning tens of millions of dollars while generating less than $1 million in quarterly revenue, and has not yet found a business model that supports its market valuation.
The same story (or a near‑identical version) is being carried on Yahoo’s finance pages, amplifying its reach to retail investors tracking the symbol. [19]
2. MarketBeat: DJT on the “Best Social Media Stocks to Keep an Eye On” list
MarketBeat’s “Best Social Media Stocks To Keep An Eye On – November 17th” article lists Trump Media & Technology Group (DJT) alongside Strive (ASST), JOYY and Weibo as one of the five social‑media names with the highest recent dollar trading volume. [20]
The piece doesn’t offer a bullish or bearish call on DJT specifically, but it does highlight:
- DJT’s role as a high‑volume, high‑volatility social‑media stock.
- Its brand lineup, including Truth Social, TMTG+ and TMTG News, and its Sarasota, Florida headquarters. [21]
For algorithmic traders and momentum‑oriented readers, simply appearing on such “stocks to watch” lists can help keep DJT in play despite the negative trend.
3. New insider sale filing: Eric Swider’s Form 144
After the closing bell, StreetInsider highlighted a new Form 144 filing with the SEC from Eric Swider, identified in the filing as a director of Trump Media. [22]
Key details from the document:
- Swider filed notice of his intent to sell 5,200 DJT shares via Charles Schwab.
- The filing values that block at about $55,083, implying a sale price a little above $10.50 per share.
- The shares came from a restricted‑stock grant that vested on November 13, 2025, listed as equity compensation.
- The form also notes he previously sold 5,000 shares on August 29, 2025, for roughly $88,704 in gross proceeds. [23]
Form 144 does not mean the sale has already occurred, only that the insider intends to sell. But on a day when the stock is making new lows, another insider planning to lighten up is unlikely to soothe nervous shareholders.
4. Social commentary on Q3 losses and other insider sales
A widely shared post on Threads today boiled the story down starkly: “Trump Media lost $54.8 million last quarter. Revenue was less than $1 million.” The same post points to additional insider sale filings (including by Scott Glabe), underscoring a perception among some traders that insiders are selling into weakness. [24]
While social posts are not filings or formal research, they feed directly into the sentiment cycle around DJT — a stock whose price has often moved more on politics and social chatter than on traditional fundamentals.
How DJT traded relative to the broader market
The pain in DJT came against a broad U.S. market sell‑off on Monday:
- The Dow Jones Industrial Average fell about 1.1%,
- The S&P 500 dropped roughly 0.9%, and
- The Nasdaq Composite slid around 0.8%, with the VIX volatility index jumping above 22. [25]
So, while there was a general risk‑off tone on Wall Street, DJT significantly underperformed the major indices, setting a new 52‑week low even as broader tech and communication stocks “only” suffered moderate declines.
What today’s move could mean for investors
From a risk‑profile standpoint, DJT is now:
- Highly volatile: With a beta above 4.5, the stock tends to move several times more than the overall market on any given day. [26]
- Heavily speculative: The company is loss‑making, thinly capitalized relative to its ambitions, and still searching for a scalable, profitable business model. [27]
- Leveraged to politics and crypto: The share price is influenced not only by platform performance, but also by President Trump’s political fortunes and the path of Bitcoin and CRO. [28]
Traders and longer‑term investors watching DJT after today’s drop are likely focusing on a few key questions:
- Can Truth Social grow beyond a niche audience?
The company still does not publish standard user metrics, leaving outsiders to infer engagement from third‑party estimates and ad revenue — which remains modest. [29] - Will prediction markets and crypto products actually move the needle?
The new CRO treasury venture, Bitcoin ETF plans, and Truth Predict markets may generate fees and attention, but they also add balance‑sheet and regulatory risk. [30] - How meaningful is insider selling?
Today’s planned sale from Eric Swider is small in absolute terms, but it joins other insider transactions in recent months and will be watched closely as a signal of internal confidence. [31] - Could regulatory or legal developments change the story?
From SEC inquiries into alleged short‑selling to the firm’s own legal bills, regulation and litigation remain embedded in the DJT narrative. [32]
Bottom line
On November 17, 2025, DJT closed just above $10.8, setting a new 52‑week low after yet another down day in what has become a prolonged, grinding sell‑off. [33]
The stock is now:
- Well below the levels seen during its early “Trump meme stock” mania,
- Trading at a multibillion‑dollar valuation despite sub‑$1 million quarterly revenues and widening losses, and
- Increasingly tied to volatile crypto markets and high‑risk financial products. [34]
For traders, DJT remains an ultra‑volatile vehicle that responds quickly to headlines, filings and social sentiment. For longer‑term investors, today’s price action is another reminder that fundamentals matter, even for a company backed by a sitting U.S. president.
As always, this article is for informational purposes only and does not constitute investment advice. Anyone considering exposure to DJT should carefully evaluate their risk tolerance, time horizon, and the possibility of losing a substantial portion — or all — of their investment.
References
1. www.investing.com, 2. futurism.com, 3. www.investing.com, 4. stockanalysis.com, 5. www.tradingview.com, 6. stockinvest.us, 7. futurism.com, 8. futurism.com, 9. www.reuters.com, 10. stockanalysis.com, 11. www.reuters.com, 12. www.forbes.com, 13. stockanalysis.com, 14. www.reuters.com, 15. stockanalysis.com, 16. futurism.com, 17. www.reuters.com, 18. futurism.com, 19. finance.yahoo.com, 20. www.marketbeat.com, 21. www.marketbeat.com, 22. www.streetinsider.com, 23. www.streetinsider.com, 24. www.threads.com, 25. www.investing.com, 26. stockanalysis.com, 27. www.reuters.com, 28. futurism.com, 29. www.reuters.com, 30. stockanalysis.com, 31. www.streetinsider.com, 32. www.reuters.com, 33. www.investing.com, 34. www.reuters.com
