Trump stock tanks after announcing massive share sale CNN
News Source : CNN
News Summary
- Shares of Trump Media & Technology Group closed more than 18% lower on Monday
- The company announced a potentially massive new influx of shares
- But there’s a downside to going back to the market with more shares: The addition of 21
- 5 million shares would add more than 15% more stock to the publicly available shares of the Truth Social owner
Trump Media & Technology Groups stock is tumbling again after the company announced a potentially massive new influx of shares. The struggling company is rapidly losing money, and a new stock off [+4468 chars]
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