Key Points Trump Media stock saw a double-digit sell-off last month despite a bullish rally for the broader market. The company continued to make moves in the crypto space, but new ETF filings and other developments didn't result in gains for the stock.

Trump Media and Technology Group (DJT) on Tuesday sought approval for a new exchange-traded fund named the ‘Truth Social Crypto Blue Chip ETF’, which will directly hold a mix of digital assets, including Bitcoin (BTC),

The stock tumbled another 7% Monday as Musk’s feud with President Donald Trump escalates, and their bromance fades into a distant memory. Musk is now promising to launch the America Party due to his gripes with Trump’s budget bill, which Musk argues is “bankrupting our country with waste & graft.”

Newsmax and Trump Media benefited from President Donald Trump’s popularity. Newsmax saw its audience and revenue increase year over year, both by double digits. Trump Media raised the funds needed to pursue a Bitcoin strategy.

Truth+, a new streaming service attached to the Truth Social platform, will expand globally, featuring Trump-friendly Newsmax.

The share prices for Tesla stock tumbled on Tuesday after President Donald Trump suggested the federal government might end its electric vehicle subsidies and deport owner Elon Musk.

The president’s corporate footprint – and the room it’s created for potential conflicts of interest – is growing.

Newsmax stock was rising Monday after the right-wing news outlet was added to the Russell 2000 and notched a streaming partnership with Trump Media & Technology Group, the parent company of Truth Social.

Price Action: At the time of writing ... after closing 2.83% higher at $19.26 during Tuesday’s regular trading session. The Trump Media & Technology Group stock ranked low on the Momentum and Value scores. Visit Benzinga Edge Stock Rankings to ...