Trump Media Plummets 50% Post-Conviction
TL;DR Summary
Trump Media & Technology Group's stock has plummeted 50% since former President Donald Trump's conviction on charges of falsifying business records. Trump's stake in the company, which owns Truth Social, has dropped from $6 billion to less than $3 billion. The stock has been highly volatile, with further potential declines expected as early investors are allowed to sell shares and a provision barring Trump from selling his shares expires in September.
- Trump Media Stock Down 50% Since Former President's Conviction The New York Times
- Trump Media shares are in free fall CNN
- Donald Trump's Stock Is Approaching Rock Bottom Newsweek
- Trump Media free fall continues, as DJT stock slides 6% CNBC
- Trump's Conviction Was a Disaster for Truth Social New York Magazine
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