Trump Media shares sink to post-merger low as DJT slump continues

📆 20/08/2024 04.16.00
📰 NBCNewYork

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The share price of Trump Media, which trades under the ticker DJT, had surged after Donald Trump was nearly assassinated at a campaign rally.

Shares of Trump Media fell to their lowest price since the Truth Social owner began publicly trading on the Nasdaq under the DJT ticker.

The notoriously volatile stock's downward trajectory over the past month coincided with a swirl of seismic developments for Trump, who is both the majority stakeholder of Trump Media and a main draw for Truth Social users.

Trump owns nearly 59% of Trump Media's outstanding shares, a stake worth more than $2.5 billion at Monday's midday trading price.

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Trump Media shares hit post-merger low as DJT slump continuesThe share price of Trump Media, which trades under the ticker DJT, had surged after Donald Trump was nearly assassinated at a campaign rally.
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