Donald Trumps stake in Truth Social parent drops to $3B after shares continue to plummet New York Post

Image for article Donald Trumps stake in Truth Social parent drops to $3B after shares continue to plummet  New York Post
News Source : New York Post

News Summary

  • Shares of Trump Media & Technology Group closed 8
  • 4% lower at $37
  • 17 on Monday, a far cry from the record high of $79 it had notched during its debut on March 26
  • The declines are reducing a potential windfall for Trump who could sell his shares to raise money for his 2024 presidential campaign and legal expenses
Shares of Donald Trumps media and technology firm fell as much as 12% on Monday, extending a selloff that has now reduced the value of his stake in the operator of Truth Social to $2.9 billion.Aft [+1945 chars]

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