US EditionTrump 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.
5 Articles
5 Articles
Trump Media shares continue to drop, as SEC move threatens to ding shareholders
Trump Media & Technology Group Corp. — the company behind former President Donald Trump’s Truth Social platform — said Tuesday that regulators allowed some of its investors to resell certain securities and made certain warrants available for exercise.
Trump Media shares drop 10% as DJT stock slide accelerates
Trump Media and Technology Group shares dropped 9.8% on Tuesday, bringing the stock's total slide to nearly 40% since former President Donald Trump -- the company's majority shareholder -- was convicted last month.
Shares of Trump’s Social Media Company Plummet
Shares of Trump Media & Technology Group dropped more than 13% on Tuesday, continuing the stock’s tumble following the conviction of Donald Trump, the company’s majority shareholder, CNBC reports. Trump Media shares, which trade under the ticker “DJT,” are down about 40% since May 30, when a New York jury found Trump guilty of 34 felony counts of falsifying business records.
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