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Trump Media Stock Price in Free Fall as It Files to Issue More Shares

Photo: Megan Varner
Photo: Megan Varner (Getty Images)

The company behind Donald Trump’s Truth Social has been public for just a few weeks, but the stock price has plunged 50% from its first full day on the market. Trump Media filed with the SEC on Monday to issue 21 million more shares of DJT stock, and made the first steps towards allowing Trump to resell some of his own shares, according to Bloomberg. DJT’s stock price fell 18% to $26.61 on Monday. – Maxwell Zeff Read More