Trump Media stock sinks to postmerger low CNN

News Source : CNN

News Summary

Shares of Truth Social owner Trump Media & Technology Group tumbled 12% on Friday, sinking to their lowest level since the company went public last week
Trump’s personal stake in the company is now valued at about $3
2 billion
Trump Media recently disclosed losing $58 million last year on very light revenue of just $4
1 million

Shares of Truth Social owner Trump Media & Technology Group tumbled 12% on Friday, sinking to their lowest level since the company went public last week.The selloff has erased nearly $2 billion [+1470 chars]

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