Trump Media Drops 7% While Rumble Climbs 3% Against a Rising Market
Trump Media (DJT) fell 7% to $6.48, while Rumble (RUM) rose 3% to $5.87. DJT reported a Q2 net loss of $238M, with $190M from non-cash digital asset losses. Both stocks trade on Nasdaq and are often grouped as alternative social media peers. The broader market and sector ETFs rose, indicating company-specific moves.






