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Trump Media Shares Drop; Monday’s Open in Focus
6 June 2026
2 mins read

Trump Media Shares Drop; Monday’s Open in Focus

NEW YORK, June 6, 2026, 13:05 EDT

Trump Media & Technology Group Corp. faces Monday with DJT finishing Friday at $8.27, off 6.02%. Around 5.1 million shares traded, leaving its market cap at about $2.29 billion. The stock continues to behave more like a volatile play on politics, retail trading, and hopes for something bigger than just Truth Social, rather than a traditional media stock.

Nasdaq is closed on Saturdays. The exchange’s regular hours are Monday through Friday, 9:30 a.m. to 4 p.m. Eastern. Pre-market and after-hours trading also happen, but those periods can see lighter volume, so stock prices can move more on fewer trades. Nasdaq

DJT lost around 11% this week, dropping from $9.31 on May 29 to $8.27 on June 5. That move erased last week’s gain and put the stock close to the bottom of its recent range. StockAnalysis

Wall Street dropped Friday after the May jobs numbers came in stronger, raising fears the Fed could keep rates high. The Dow gave up 1.35%, the S&P 500 slid 2.64% and the Nasdaq sank 4.18%, Reuters said. “The dam just broke today,” Ryan Detrick, chief market strategist at Carson Group, told Reuters. Reuters

Online media names saw broad losses Friday. Rumble slid 7.4%, Reddit gave up 5.7% and Meta Platforms ended down 5.5%. The pressure reached across the group, not just Trump Media, hitting social and ad stocks too.

DJT is in focus with the company working to show it’s more than a stock tied to politics and social media. In May, Trump Media said it had $2.2 billion in assets for the first quarter, with about $2.1 billion in financial assets. But net loss was $405.9 million for the period, with revenue at just $0.9 million. The company logged a $387.8 million adjusted EBITDA loss. Adjusted EBITDA, which cuts out interest, taxes, depreciation and amortization, is not a standard accounting metric. Interim CEO Kevin McGurn said DJT is putting its “strong balance sheet and positive operating cash flow” to work building its businesses.

The big focus is still the proposed $6 billion all-stock merger with TAE Technologies, a fusion-energy firm backed by Google. Fusion powers the sun, but so far no company has managed to make a commercial reactor work. Michael Ashley Schulman, chief investment officer at Running Point Capital Advisors, called the tie-up a “Barbenheimer mashup.” Reuters said both TAE and its partner would end up with about half the merged company if the deal happens in mid-2026. Reuters

Markets look set for a straightforward test at Monday’s open. If tech stocks bounce, and there’s demand for the TAE trade, DJT could find support. But another round of selling in speculative tech puts pressure back on the company’s losses, small revenue, and long fuse for fusion.

Trading this week looks set to follow risk sentiment rather than any single Trump Media event. Traders are watching rates, the Nasdaq, and any filings linked to the TAE deal. DJT has moved quickly on shifting headlines before, but its rallies have slipped when investors want earnings support.

But there’s a clear risk here. If worries about high rates stick around, digital-asset prices slip, or people doubt the TAE deal will really boost Trump Media’s revenue, Friday’s slide might not be the last. Right now, the stock is still trading on story, and investors are giving it little patience for disappointment.

Iwona Majkowska is a financial markets journalist at TS2.tech, specializing in stocks, artificial intelligence and technology. A graduate of the Warsaw School of Economics, she previously worked in equity research and financial analysis before focusing on market reporting. Her daily coverage helps investors follow major developments across U.S. and global markets.

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