Truth Social parent Trump Media & Technology Group (DJT) shocked the market Thursday with the announcement it was entering into an all-stock merger with TAE Technologies, a leading nuclear fusion developer.
Merging a volatile, meme-driven stock like DJT – down over 60% in the prior year even after Thursday’s gains – with frontier tech amps up its volatility. It looks much too like going after whatever is hot at the moment.
This post originally appeared at Money Morning.