The share price of Trump Media stock closed at $37.17, an 8.43% drop, leaving its market capitalization hovering just above $5 billion.
Trump Media, which owns the Truth Social app used by its biggest shareholder, former President Donald Trump, had a high price of nearly $80 two weeks ago after it began trading as a publicly held company.'s bleak start to the trading week on the Nasdaq stock exchange came on the heels of a 12% decline in itsBut it has slumped since then. At times on Monday, the stock's price was down 10% or more.
Trump personally owns 78.75 million shares of its stock, which was worth about $2.93 billion at Monday's close, on paper at least.
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Trump sues two Trump Media co-founders, seeking to void their stock in the companySAN FRANCISCO (AP) — Donald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social
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Trump sues two Trump Media co-founders, seeking to void their stock in the companyDonald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly.
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Trump sues two Trump Media co-founders, seeking to void their stock in the companyDonald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly.
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Trump sues two Trump Media co-founders, seeking to void their stock in the companyDonald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company.
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Trump defends Truth Social as media company's skeptics grow, stock price whipsawsAs critics question Trump Media’s value, the company has become by far the most expensive stock in the U.S. to sell short.
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