Get Your Mornings Started Right! Begin your day with Breakfast news delivered to your inbox every market day. Sign up for free »DJT data by YChartsTrump Media stock kicked off the year trading under the name “Digital World Acquisition Corp.” and the stock ticker “DWAC”. The stock saw significant gains due to the merger of Trump Media & Technology Group with the Digital World Acquisition special purpose acquisition company (SPAC), as well as positive momentum related to the presidential election and Trump’s victory.Trump Media stock surged on SPAC merger and political supportTrump Media stock experienced substantial gains at the beginning of 2024 after Trump won the Iowa Republican caucus. Although still trading as Digital World Acquisition at the time, the stock rose in anticipation of the completed merger with Trump Media & Technology Group.Shares spiked on March 25 following the announcement of the SPAC merger’s completion. Subsequently, the company rebranded as Trump Media and began trading under the “DJT” ticker symbol.While Trump Media’s share price dipped during the summer, it rebounded in the fall amid speculation that Donald Trump could win the presidential election. The stock price soared leading up to Election Day, with additional gains post-win before a profit-taking phase caused a retreat. Despite a decline post-election, Trump Media stock closed the year with significant gains.Why is Trump Media stock on the rise in 2025?Despite market setbacks, Trump Media stock has continued to climb throughout 2025. Its share price has increased by 3.5% to date. In contrast, the S&P 500 index is down 0.8%, and the Nasdaq Composite index is down 0.9%.Investors are optimistic about Trump Media’s prospects with President-elect Trump’s upcoming inauguration. There is a belief that Trump’s presidency could boost the stock’s performance.However, investors should exercise caution with Trump Media stock, as its current valuation seems disconnected from its underlying fundamentals. Despite a market capitalization of around $7.7 billion, the company has reported minimal sales. Truth Social platform engagement is low, and increased competition from other social media platforms with relaxed content policies may impact its appeal. While Trump’s presidency and brand strength could drive growth, the stock remains risky at present.Don’t miss out on a potential opportunity for successIf you ever felt like you missed out on investing in top-performing stocks, here’s your chance to catch up. Occasionally, our team of analysts issues a “Double Down” stock recommendation for companies they believe are poised for significant growth. If you fear you’ve missed the boat, now is the ideal time to invest before it’s too late. Consider the success stories:Nvidia: an investment of $1,000 in our 2009 “Double Down” recommendation would have yielded
You would have $352,417! invested in Apple if you had put $1,000 in when the company doubled down in 2008. A $1,000 investment at the time of Netflix’s 2004 double down would now be worth $44,855. For Netflix, that same initial investment in 2004 would now be valued at $451,759. Currently, alerts are being issued for three exceptional companies through the “Double Down” program, offering a unique investment opportunity. The latest Stock Advisor returns are as of January 6, 2025. Keith Noonan does not hold positions in any of the aforementioned stocks. The Motley Fool also has no positions in these stocks and abides by a disclosure policy.
