Trump Media's stock has experienced a significant decline, dropping nearly 50% since former President Donald Trump was found guilty in a hush-money trial. The company's shares have plunged from $66 after its merger in March to $27.66 at the close of trading on June 21, 2024. The sell-off has accelerated, with the stock falling 46% since the conviction and sliding more than 30% over the past five days. The SEC's declaration of additional shares has left the stock vulnerable to dilution, further impacting its value. As a result, Trump Media has lost more than $2 billion in value, and the Truth Social brand is under significant pressure as early investors are permitted to sell additional shares. Trump's DJT stock continues its NASDAQ tumble, dropping 14.56%.
Trump Media stock has dropped 46 percent since Trump was convicted. As the Truth Social brand crumbles, the company stock price has plunged from $66 after its merger in March to $27.66 at the close of trading today. https://t.co/pvErGZ0gGU
Stock of Trump Media has dropped 46% following the conviction of the former president. Parent company of Truth Social is under pressure as early investors are allowed to sell more shares.
Stock of Trump Media has dropped by 50% following the conviction of the former president. The parent company of Truth Social is facing pressure as early investors are permitted to sell additional shares.
Trump Media Stock Down 50% Since Former President’s Conviction https://t.co/UuYQm5Sjr4
Trump Media free fall continues, as DJT stock slides 6% https://t.co/3mYfvscVdQ
DJT Stock Drops 28% in 5 Days. Share Dilution, Trump’s Conviction Aren’t Helping. https://t.co/Bmx1GKkMYL
Trump’s media company suffers another huge slump as share price falls nearly 15% https://t.co/rzErUEvRAD
Trump Media Down Nearly 50 Percent For the Month As Ex-President’s Shares Lose More Than $2 Billion in Value Everything Trump touches dies https://t.co/Grtfua2uKm
Trump social-media stock ‘DJT’ has slid more than 30% over the past 5 days https://t.co/y1E2itT9cY
Trump's DJT stock continues NASDAQ tumble. What's behind the plummeting price? https://t.co/LATcXcFO9t via @USATODAY ⬇️ $DJT -14.56% https://t.co/nP449c6Xqe
Live look at $DJT stock https://t.co/yqm5Gmxewc
Trump Media’s stock has slid more than 30% over the past five days https://t.co/Vy1zSROANC
Trump Media Down Nearly 50 Percent For the Month As Ex-President's Shares Lose More Than $2 Billion in Value https://t.co/VzlLSbQj1t
Shares in Trump Media fell more than 10% after the SEC declared effective the registration of additional shares, leaving the stock vulnerable to dilution but boosting the Truth Social-owner's fundraising hopes https://t.co/Vs72IPW41K
A sell-off of Trump Media has picked up speed, with shares of former President Trump’s company falling as much as 15% shortly after the opening bell. https://t.co/iKPavPgdew
Trump Media stock has plunged 46% since Donald Trump was found guilty in hush-money trial https://t.co/QfgRr8uQAk