What's Going On With Trump Media & Technology Stock Today?

Trump Media & Technology Group Corp. DJT shares rose on Tuesday following the launch of its Truth+ streaming app for Android TVs.

The app, now available on the Google Play Store, provides a diverse range of programming, including news, entertainment, faith-based content, and documentaries, along with children’s shows and more.

In a bid to enhance user experience, Trump Media & Technology Group (TMTG) further plans to launch native Truth+ apps for additional connected TV platforms, including Samsung, LG, Amazon Fire, and Roku.

With the upcoming election just days away, the introduction of Truth+ may position the platform to capture viewers seeking alternative media sources during this pivotal time.

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“Android TV has joined Apple TV as a platform for Truth+,” said Trump Media & Technology Group CEO Devin Nunes.

The service features both linear TV channels and Video on Demand (VOD), aiming to expand its reach in the competitive streaming landscape.

As the rollout progresses, the company will focus on beta testing its ultra-fast streaming technology and gathering user feedback before announcing the completion of the rollout.

Powered by a custom-designed, multi-site Content Delivery Network (CDN) utilizing Trump Media & Technology Group’s own servers and software, this streaming technology aims to provide a service that remains resistant to cancellation by Big Tech.

According to Benzinga Pro, DJT stock has lost over 6% in the past six months.

Price Action: DJT stock is trading higher by 7.18% to $33.55 at last check Tuesday.

Image via Shutterstock

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