New York, May 30, 2026, 12:02 (EDT)
- Trump Media ended Friday at $9.31, up 4.6% in the session and 17.1% above where it finished last Friday.
- U.S. markets are shut for the weekend after a shorter week because of Memorial Day.
- This week, traders are focused on merger filings, digital asset moves, and whether the broader risk rally keeps up.
DJT bounced late in the short U.S. trading week, ending Friday at $9.31. That was up 4.6% for the day and 17.1% higher than the last Friday close at $7.95. Shares of Trump Media & Technology Group Corp. saw no more moves with U.S. exchanges closed Saturday. Nasdaq holds its regular hours from 9:30 a.m. to 4 p.m. Eastern on trading days.
Trump Media heads into June with Truth Social at the center and investors watching. The company’s merger plan with TAE Technologies is still uncertain. There’s also talk of a media spinoff and notable digital-asset holdings that keep the stock in play. This isn’t just a single-session move.
DJT kept climbing after the Memorial Day break, with the stock gaining session by session this week—closing at $8.28 Tuesday, $8.57 Wednesday, $8.90 Thursday, and reaching $9.31 Friday, according to market data. Trading volume on Friday was close to 7.8 million shares, about three times what changed hands the previous Friday.
Stocks in the U.S. ended at fresh records Friday with the S&P 500 up 0.2%. The Dow rose 0.7%. The Nasdaq closed higher by 0.2%. Over the week, the Nasdaq gained 2.4%. Broader market strength helped push stocks up.
DJT led social-media and alt-platform stocks Friday as Rumble fell. Meta Platforms and Snap ticked lower too, market data showed. Trump Media’s rise was notable next to those moves.
Trump Media’s recent actions are tangled. In a May 26 filing, the company said interim CEO Kevin McGurn spoke about the TAE deal plan in a Fintech TV interview. Trump Media also said it intends to file a Form S-4, the registration for shares in a merger.
McGurn said on the filed transcript that Trump Media is “focused on the merger” right now and wants to use digital assets to keep a “strong balance sheet.” He said if things work out over the next six to 12 months, the company looks for more content, more users, and closer links between mobile and TV.
CFO Phillip Juhan picked up 329,308 restricted stock units that will vest over time, per a new Form 4 filing. Juhan sold off 17,355 shares to cover taxes, with zero cash kept.
Trump Media wrapped up the first quarter with $2.2 billion in total assets, most of that—about $2.1 billion—in financial assets. Earnings remain tight. Net loss came in at $405.9 million as the company posted just $0.9 million in revenue. Cash flow from operations stood at $17.9 million.
Trump Media could draw attention this week as traders look for updates on the TAE deal and more on how it will split its media business from energy. A Wall Street Journal item in a company SEC filing quoted McGurn saying Trump Media was working on a spinout. Stanford Law’s Michael Klausner said spinouts make sense when running two businesses together is too much or investors find it confusing.
The next move is up in the air. In filings, the company warns the deal could be postponed or collapse. The filings list reasons like failure to win shareholder nod, lawsuits, financing problems, volatility in digital-asset prices, or TAE’s tech failing to perform on a commercial level.
DJT heads into Monday still volatile. Shares picked up some momentum, though important paperwork is still pending. Some traders may stay active, but the filings waiting for review could get more attention.
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