There’s been strong volume for the closely watched Trump Media & Technology stock, but no big pops after Election Day.

Trump Media stock was one of the clearest Trump trades going into the election. But since Nov. 6, the stock has fallen about 20% while the S&P 500 has risen 2%. The volatile stock was moving little in the premarket Thursday,

Trump Media & Technology chief financial officer and two other insiders have sold millions of dollars worth of shares following the election, according to SEC filings.

Phillip Juhan, chief financial officer of Trump Media, recently sold nearly $12 million worth of stock in the company, which operates the Truth Social app. Two other corporate insiders, general counsel Scott Glabe and director Eric Swider,

The case for DJT always relied on the namesake’s comeback. Now that he’s got it, the share price is floundering.

Donald Trump’s social-media company doesn’t earn very much money, but that hasn’t stopped investors from buying up the stock in droves. Trump Media & Technology Group Corp. DJT, parent company of Trump’s social-media platform Truth Social, is valued at $7.8 billion, despite posting only $1 million in revenue in the third quarter.

I HAVE NO INTENTION OF SELLING,” President-Elect Donald Trump wrote on Truth Social Friday, citing “rumors” to the contrary.

It was a volatile week for shares of Trump Media & Technology Group, the home of the Republican nominee's social media platform Truth Social.

The president-elect has threatened broadcast licenses and filed lawsuits against some networks. Executives are bracing for possible deal drama.

Trump Media & Technology Group (NASDAQ: DJT) stock could become a hot buy after Donald Trump's election win last week. As the former president heads back to the Oval Office next year, there could be a lot more excitement around Trump Media stock and anything related to the Trump brand.