September 23, 2024
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7:12Now PlayingDonald Trump's company gets rocked with devastating news as stock shares for parent business of Truth Social hit even lower low and Trump supporters prove they cannot cope with the epic financial disaster. John Iadarola and Francesca Fiorentini break it down on The Damage Report.
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Trump Media plummets 10% as postlockup selloff picks up steam
"Shares of Trump Media sank Monday to their lowest price since 2021, days after majority owner Donald Trump and other company insiders got the green light to start selling their stakes in the Truth Social operator.
The stock, which appears as DJT on the Nasdaq, closed more than 10% lower in a frenzied trading session, settling at $12.15 per share and notching the company’s sixth straight day of declines.
Trump Media (DJT) Stock Price
Trump Media’s share price has fallen nearly 85% since the company surged in its public trading debut in late March.
Monday’s decline left the stock at its lowest level since before October 2021, when it was revealed that the blank-check firm Digital World Acquisition Corp. was planning to merge with then-private Trump Media."
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