Trump Media shares sink 10% as DJT slide accelerates

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

News News

United States Latest News,United States Headlines

Trump Media has been in a slump since a New York jury convicted the presumptive Republican presidential nominee on 34 counts of falsifying business records.

Shares of Trump Media, the company behind Truth Social majority-owned by former President Donald Trump, were down more than 10%.

Trump Media has been in a slump since a New York jury convicted the presumptive Republican presidential nominee on 34 felony counts of falsifying business records.The company behind the conservative social media app Truth Social, which trades on the Nasdaq as DJT, was hovering around $28 per share at the market's open.

Trump Media has been in a slump since May 30, when a New York jury convicted the former president and presumptive Republican presidential nominee on 34 felony counts of

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump Media & Technology Group Stock Forecast: DJT falls 4% as conviction takes its tollTrump Media & Technology Group (DJT) stock is sliding 4% on Friday following Thursday’s post-market conviction of namesake Donald John Trump, the former US president.
Source: FXStreetNews - 🏆 14. / 72 Read more »

DJT shares tumble 13% as Trump Media stock sell-off acceleratesTrump Media shares are down about 40% since a New York jury found Trump guilty of 34 felony counts of falsifying business records on May 30.
Source: nbcchicago - 🏆 545. / 51 Read more »

DJT shares tumble 13% as Trump Media stock sell-off acceleratesTrump Media shares are down about 40% since a New York jury found Trump guilty of 34 felony counts of falsifying business records on May 30.
Source: CNBC - 🏆 12. / 72 Read more »

Trump Media shares plunge 17% with newly available DJT shares set to dilute stock valueTrump Media trades under the DJT ticker and owns the Truth Social app used by its majority shareholder, former President Donald Trump.
Source: NBCLA - 🏆 319. / 59 Read more »

Trump Media plummets 10% in premarket trading, with stock slide poised to accelerateTrump Media has been in a slump since a New York jury convicted the presumptive Republican presidential nominee on 34 counts of falsifying business records.
Source: CNBC - 🏆 12. / 72 Read more »

Former US president Trump found guilty in 'hush money' trial; DJT stock falls 9%Former US president Trump found guilty in 'hush money' trial; DJT stock falls 9%
Source: Investingcom - 🏆 450. / 53 Read more »