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Anna Barclay | Gets the image
Shares Trump media Monday fell by more than 10%, accelerating down, after the president Donald Trump He went to office.
The company, which is behind the prevailing application of Trump Social Media Truth Social, traded below $ 20 per share about 15:00 ET – decreasing by about 50% of the closing price on January 20, the day Trump sworn.
Media Trump (DJT) Price
The sale on Monday put Trump Media on your worst day since January 21, when DJT stock retreated from rabies This was preceded by the inauguration of the republican president.
Since then, the company has suffered a seven -week unprofitable series.
But Trump media is not the only one who feels the pain: the stock fallen on Monday because the volatility of the market that has pulled all three The main indices Last week intensified.
Losses hurt by media companies with much larger market capitalization than Trump media, such as Redditwho walked up for his terrible day.
Trump’s media last month reported Loss of 400 million dollars In 2024, receiving 3.6 million dollars.
The company made its debut in NASDAQ in March 2024 after the public through a long time, which is being merged with the company to acquire special goals. The merger directed DJT actions as the company gathered thousands of investors who sought to support Trump’s candidate at that time.
More than a month after winning the November 4 presidential election against former vice -president Kamala HarrisTrump Translated all its share – 114 750 000 shares – the confidence has been recalled.
The Trump Media press -secretary did not immediately respond to CNBC’s request for a comment on Monday.
. The report was included in the report.
