Trump Media Shares Plunge 16% After Company Files to Issue Additional DJT Stock

Tiger Newspress04-15

Shares of Trump Media plunged 16% in morning trading on Monday after the company filed to issue millions of additional shares of stock.

Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for his criminal trial on hush money-related charges. Trump is the majority stakeholder in the company.

Trump Media, which created the Truth Social app and trades under the stock ticker DJT on the Nasdaq, fell nearly 20% last week.

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Comments

  • Ipodshuttle
    04-15
    Ipodshuttle
    Mess up
  • ramius75
    04-15
    ramius75
    And it will continue to sink for the foreseeable future. 
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