"Trump's Truth Social Stock Plunges to $2 Billion as DJT Shares Tank"

The stock linked to Donald Trump’s social media company, Truth Social, plummeted by over 15% on Monday, further diminishing Trump’s net worth on paper. The $28 share price is now 65% below its peak in March, and Trump's stake in the company is now worth $2.17 billion, down from $6.25 billion last month. The selloff followed Trump Media's filing to issue millions of new shares, potentially diluting existing shareholders' stakes. Trump's arrival at a Manhattan courthouse for the start of his criminal trial coincided with the drop in his fortune. Trump Media's market value, which peaked at over $10 billion in March, is now below $4 billion, reflecting concerns about the true value of its core business and its poor fundamentals.