The Trump Media Stock Price (DJT) Is About To Adjust Down By -22.7%

"Adjust down" does not mean a selloff. It is simply basic investment math applied to Trump Media's "earnout" bonus of new shares. This adjustment is comparable to what happens when a company "pays" a stock dividend (in shares only). Because there is no added value to the company, the market capitalization (shares times price) does not rise. Instead, the price adjusts down in proportion to the larger number of shares outstanding. Here is the math for Trump Media's earnout plan: …