Trump Media stock plummets after big streaming service announcement: analysis

Trump Media & Technology Group stock took another tumble this Tuesday after it was announced that the company would be launching a new streaming platform.

The stock, which traders under ticker DJT, fell 14 percent after a press release went out announcing the streaming service would come to phones, tablets, and TV through the Truth Social app, Yahoo! Finance reported.

"The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly...