Trump Media Stock Plunged 10% and Rumble also Tumbled 9%

Dow Jones04-01

Shares in Donald Trump's social-media company are down about 10% to kick off another day of volatile trading. Rumble also tumbled 9% and Phunware slipped 4%.

The business, Trump Media & Technology Group, is the parent of the former president's social-media platform, Truth Social, and trades under the ticker DJT after merging with a shell company.

On Monday, updated regulatory documents showed that a lock-up for Trump and other insiders for six months following Trump Media's debut as a listed company is still in place.

Traders are watching to see if the company's Trump-friendly board might grant him a waiver to borrow against the stock or sell before the lock-up expires.

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Rumble also tumbled 9% and Phunware slipped 4%.The business, Trump Media & Technology ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RUM","symbol_name":"Rumble Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2424136716","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2424136716","pubTimestamp":1711980533,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares in Donald Trump's social-media company are down about 5% premarket, setting the stage for another volatile day of trading.The business, Trump Media & Technology Group, is the parent of the former president's social-media platform, Truth Social, and trades under the ticker DJT after merging with a shell company.On Monday, updated regulatory documents showed that a lock-up for Trump and other insiders for six months following Trump Media's debut as a listed company is still in place.Traders are watching to see if the company's Trump-friendly board might grant him a waiver to borrow against the stock or sell before the lock-up expires.Read more about the deal and its potential impact on the election here:. Trump Stock Takes Washington by StormThe former president is close to tapping a multibillion-dollar windfall that could help pay his legal bills and bring much-needed cash to his campaign to return to the White House.Read the full article. This item is part of a Wall Street Journ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RUM":"Rumble Inc.","DJT":"特朗普媒体科技集团","PHUN":"Phunware, Inc."},"translate_title":"特朗普媒体股价暴跌10%，隆隆声也暴跌9%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PHUN":1.1,"RUM":1.1,"DJT":0.9},"content_text":"Shares in Donald Trump's social-media company are down about 10% to kick off another day of volatile trading. 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