“DJT stock tends to trade less based on traditional valuation metrics such as price-to-earnings ratios and future cash flows. Investors have instead treated the shares as a proxy for the market’s bet for a second Trump administration.” - Barrons
DJT closed at a new low today. Additional pressure is coming for the stock as Trump can start selling mega amounts of shares September 20th.
But share owners so highly support Trump they won’t miss their $, will they?