Monday, September 02, 2024

The Market Is Closed On Labor Day

 Out of curiosity I've been following Trump's social media stock DJT. The stock went public at the end of March 2024. At that time the company saw a big infusion of money as people rushed in to buy shares. On March 27th 2024, the day after going public, the stock traded at its high for the year, $66.22 per share. The stock, DJT, closed at $19.50 on Friday August 30, 2024. This large devaluation in DJT is occurring while the DOW is presently at record breaking highs meaning that a decent stock right now has gained value week after week through the year.

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