DJT Stock Volatile On Election Day: Donald Trump's Media Company Reports Q3 Earnings, Growth Initiatives

Trump Media & Technology Group (NASDAQ:DJT) reported third-quarter financial results after the market close Tuesday, the same day Donald Trump is facing off against Kamala Harris in the 2024 presidential election.

What Happened: Trump Media & Technology Group announced third-quarter net sales of $1.01 million, down 6% year-over-year, according to data from Benzinga Pro.

The company said all of its revenue came from advertising on the Truth Social platform in the quarter.

The company reported a loss of 10 cents per share compared to a loss of 30 cents per share in last year's third quarter.

Trump Media & Technology Group, which was co-founded by the former president, highlighted the importance of Trump for the company's success.

"TMTG's success depends in part on the popularity of our brand and the reputation and popularity of President Donald J. Trump. The value of TMTG's brand may diminish if the popularity of President Donald ...