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Trump Media shares close nearly 10% lower as sell-off continues

  • Trump Media and Technology Group's shares decreased by nearly 10% on Tuesday, totaling a 40% drop since Donald Trump's conviction last month.
  • On June 10, Trump Media shares fell over 5% due to an auditor being charged with fraud, closing at $31.31 with a trading volume of 7.52 million shares.
  • Trump Media officials attribute the declining stock to short sellers and stock manipulators, urging authorities to pursue criminal action if illegal short-selling is proven.
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Political Wire broke the news in New York, United States on Tuesday, June 18, 2024.
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