Trump Media's Stock Takes A Dramatic Nosedive, Erasing All Gains Since Public Debut
Benzinga - 2024-04-09T05:19:26.000Z

Shares of Trump Media & Technology Group have taken a nosedive, wiping out all gains since the company's public debut. The stock's value dropped by an additional 11% on Monday, leaving investors and market analysts scratching their heads. read more

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Trump Media stock erases all gains since it began trading as DJT shares fall another 11% Monday
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. As of Monday afternoon, the stock was priced at about $36 — down from a high of $66 seen March 27. But experts say it's hard to draw any firm conclusions about what the stock price's movement means. That's because so many available shares — about 12%, one of the highest ratios of any active stock listing — reflect traders' bets that the stock will fall, said Ihor Dusaniwsky, managing...
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In related news

Trump Media stock erases all gains since it began trading as DJT shares fall another 11% Monday

Trump Media is the most expensive U.S. stock to short — by far

Trump Media stock plunges another 18% on first day of ex-president’s hush money trial