# Trump Media Shares Fall 8% to $6.43, Down 29% Since Sept. 30

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/35775
Published: 2026-10-20T16:27:06.000Z
Updated: 2026-10-20T16:27:06.000Z
Section: Investing

> A daily RSI reading was 21 on Oct. 20, while the company posted a $238.1 million second-quarter net loss.

Trump Media & Technology Group Corp. (DJT) shares fell 8.01% to $6.43 on Oct. 19, putting the stock about 29% below its Sept. 30 close of $9.06.

Shares opened at $7.05, rose as high as $7.08 and traded as low as $6.40. The close was $0.56 below the previous close of $6.99 on Oct. 16.

An Oct. 20 daily 14-period relative strength index (RSI) reading was 21. Readings below 30 are commonly described as oversold. RSI measures recent price momentum; the reading does not establish that the decline has ended.

For the quarter ended June 30, 2026, Trump Media recorded $1.67 million in net sales and a $238.1 million net loss. The loss included $116.7 million in realized and unrealized losses on digital assets and pledged digital assets.

The company operates Truth Social and Truth+ and has outlined Truth.Fi and a digital-asset strategy.

Trump Media held $215.5 million in cash and cash equivalents and $209.2 million in short-term investments at June 30. Debt excluding lease liabilities totaled $970.3 million. The company expects its current liquidity to fund operating activities for at least 12 months.

Trump Media filed a Form S-4 registration statement on Sept. 30 for its proposed merger with TAE Technologies, Inc., a fusion-power company. The transaction remains proposed.


