Trump Media shares plunge after company files to issue additional DJT stock
- TMTG shares dropped over 15% following a blank-check merger with Trump's media business, losing more than 60% of its value since the merger.
- The stock had surged in anticipation of the merger but started trading publicly as TMTG on March 26.
- The significant decline in TMTG shares indicates market disappointment post-merger completion.
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Coverage Details
Total News Sources0
Leaning Left5Leaning Right4Center11Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 25%
C 55%
R 20%
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