So here's a fun corporate structure puzzle for you. Trump Media & Technology Group Corp. (DJT) saw its stock move higher Friday as the company confirmed it's talking about a potential spin-off. The discussions involve Trump Media (which they call TMTG), a fusion energy company called TAE Technologies, and a special purpose acquisition company named Texas Ventures Acquisition III Corp (TVA). The basic idea? Spin off some businesses—including the flagship Truth Social platform—into a brand new, standalone public company.

Think of it like a corporate mitosis. The plan, as currently discussed, would be to distribute shares of this new Truth Social-focused entity to existing TMTG shareholders before Trump Media completes its merger with TAE. The goal is to let each resulting company pursue its own distinct strategy. Trump Media's existing businesses and assets would stay with the current public company post-spin-off. The merger with TAE is pitched as a way to pair TMTG's balance sheet with TAE's tech, but for now, it's all just talk—no definitive agreement has been signed.

This corporate maneuvering isn't happening in a vacuum. It follows another deal in the Truth Social ecosystem. The investment adviser to the Truth Social Funds, Yorkville America Equities, has agreed to acquire the Point Bridge America First ETF. That deal is expected to close in the second quarter of 2026, pending the usual shareholder and regulatory nods. After the acquisition, the ETF will get a makeover and a new name: the Truth Social America First ETF. These Truth Social Funds operate under TMTG's Truth.Fi fintech brand, which also houses the Truth Social app and Truth+.

Now, let's talk about the stock itself, because the chart tells its own story. DJT shares are currently trading about 10.5% below their 20-day simple moving average and 12.3% below their 100-day average. That's generally a sign of short-term weakness. Zooming out, the picture is even starker: the stock is down 61.1% over the last 12 months and is hanging out much closer to its 52-week lows than its highs. The Relative Strength Index (RSI) is sitting right at 50, which is the textbook definition of neutral—not overbought, not oversold. Meanwhile, the MACD indicator is at 0.05, which is below its signal line of 0.10, suggesting some bearish pressure is still in play. Put it together, and you've got mixed momentum. Traders are watching key resistance at $11.00 and support at $9.50.

Looking ahead, the earnings calendar is marked. Trump Media is scheduled to report results on March 10, 2026. The current analyst consensus expects earnings per share of one cent, which is flat compared to the year-ago period. Revenue is also estimated to hold steady at $1.00 million. On Friday, DJT shares were up 1.55% at $11.13 in premarket trading.