Reported about 1 month ago
Donald Trump's media venture, Trump Media & Technology Group, has seen its stock plummet over 40% in the recent month, now trading at a post-merger low of $20.99. This decline is attributed to the former president's decreasing popularity amidst political challenges, concerns over his potential sale of shares, and the company’s lack of revenue and successful business strategies. Investors are increasingly wary as the firm prepares to register up to $2.5 billion in new shares, which could further dilute stock value.
Source: YAHOO