Trump Media Stock Decline
Trump Media company, led by former President Donald Trump, has seen a significant decline in its stock price due to a weekslong sell-off. The company's shares fell around 13% in a volatile trading session, with the price dropping more than 40% since the start of June. Trump's majority ownership in the company has also seen a substantial loss in paper value.
Key Points
- Shares of Trump Media fell around 13% in a volatile trading session
- The stock price dropped more than 40% since the start of June
- Former President Donald Trump's majority ownership in the company has seen a significant loss in paper value