The Truth Social operator's shares, which sometimes move on traders' viewpoints regarding Trump's political fortunes, have more or less treaded water since early December. Now, with Trump set to be inaugurated for a second time next Monday, those traders may once again be looking to buy ahead of a big event.

Trump Media (NASDAQ: DJT) stock recorded huge gains across 2024's trading. The company's share price ended the year up 94.9%, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index's level climbed 23.

Trump Media & Technology Group Corp DJT -0.25% Get Free Report stock is trading lower on Tuesday. The dip in the Truth Social parent stock comes as a New York judge has ruled that Donald Trump will be sentenced on Jan. 10, 2025, just days before his inauguration as president of the United States.

Trump Media & Technology Group (NASDAQ: DJT), which owns the social media platform Truth Social, went public by merging with a special purpose acquisition company (SPAC) on March 26, 2024. Its stock opened at $70.

Trump Media & Technology Group is extremely overvalued and lacks a sustainable business model. See why DJT stock is a Sell.

Shares of Trump Media jumped more than 14% in midday trading on Monday, ahead of President-elect Donald Trump's inauguration on Monday, Jan. 20.

Trump Media & Technology Group shares surged more than 20% one week before President-elect Donald Trump's inauguration.

Trump Media and Technology Group (NASDAQ: DJT) saw a notable 10% increase in its stock price during Monday’s mid-day trading, reflecting growing investor optimism as President-elect Donald Trump’s inauguration nears.

Shares of Trump Media & Technology Group spiked one week before Donald Trump is set to return to the White House for his second term in office.