Trump Media plummets to new low on the first trading day the former president can sell his shares
Shares of Trump Media & Technology Group slumped to their lowest level ever at the opening bell Friday, the first trading day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform.
Backgrounder
What Trump has promised to do on ‘day one’ as president
Trump has made 41 distinct promises for his first day in office, including mass deportations and banning transgender women from sports.
Trump Media Shares Face Potential Sell-Off as Insider Selling Restrictions Lift
However, after reaching that peak, Trump Media shares have lost most of their value, with declines accelerating in recent weeks after President Joe Biden gave up his reelection bi
Trump Media slides to new low as lock-up expires
(Reuters) -Shares of Trump Media & Technology Group fell 5% on Friday as the Truth Social parent extended this week's steep selloff after a lock-up on insider sales expired. Shares of the $2.9 billion firm,
Trump Media & Technology Group’s stock hits low as insider stock-sale ban lifts
Trump Media & Technology Group Corp.’s stock dropped to its lowest level since it went public in March Friday, as a ban on stock sales lifted.
Trump Media nosedives to record low on the first day Trump and other insiders can sell their shares
The company has lost more than half of its value since Kamala Harris entered the race.
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