Trump Media shares plunge after company files to
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Posted On: 04/15/2024 9:26:55 AM
Trump Media shares plunge after company files to issue additional DJT stock
PUBLISHED MON, APR 15 20248:48 AM EDTUPDATED 17 MIN AGO
Shares of Trump Media plunged more than 17% in the pre-trading hours after the company filed to issue millions of additional shares of stock.
The 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 Trump Media, which created the Truth Social app and trades under the stock ticker DJT on the Nasdaq.
Shares of Trump Media
plunged more than 17% in premarket trading 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.
This is breaking news. Please check back for updates.
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