Some Trump stock investors have already lost half their money
CNN
Shares of Trump Media & Technology Group are in free-fall.
Shares of Trump Media & Technology Group are in free fall. The Truth Social owner’s share price dropped another 5% as of mid-day Friday, leaving it on track for a seventh losing day out of the past eight. The only gain during that span was a tiny one of 0.8% on Tuesday. Trump Media is now trading below $31. That’s a far cry from the intraday spike to nearly $80 on March 26, the day it went public on the Nasdaq under the ticker symbol “DJT.” In fact, anyone who bought Trump Media at the closing high of $66.22 on March 27 has now lost more than half of their money. The steep selloff has put a dent in former President Donald Trump’s net worth.
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