Shares of Trump Media & Technology Group (DJT) have experienced a significant decline, erasing all the gains the stock had made since the company went public in March. The stock, which had previously hit a high of $80 per share, has now fallen to approximately $37 per share. Yahoo Finance's Rick Newman breaks down the details and highlights the company's 2023 annual report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith
Shares of Trump Media & Technology Group (DJT) have experienced a significant decline, erasing all the gains the stock had made since the company went public in March. The stock, which had previously hit a high of $80 per share, has now fallen to approximately $37 per share.
Yahoo Finance's Rick Newman breaks down the details and highlights the company's 2023 annual report.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
Editor's note: This article was written by Angel Smith
The Wall Street Journal
🔎 **Tesla (TSLA)**: The electric-vehicle company reached a settlement with the family of a driver who died in a 2018 crash involving its Autopilot system, days before attorneys were poised to deliver opening statements.
Reuters
Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air sedans by 1% to 10% in February. However, demand for EVs overall has been slowing in the U.S. owing to high interest rates and relatively elevated ownership costs, compelling buyers to turn towards more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in deliveries for the first time in nearly four years earlier this month and missed Wall Street estimates.
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