Tag Archives: Failing
Trump’s Failing Stock Just Hit Its Lowest Point Yet
Technology tamfitronics Trump Media & Technology Group stock dropped to its lowest price yet Friday, the first day Donald Trump is allowed to sell his shares in the social media venture.Shares dropped more than 7 percent to $13.68 per share, putting the value of the company at $2.74 billion. It’s a far cry from when the stock price peaked at nearly $80 per share in March after its initial public offering.Trump owns 115 million shares of TMTG, about 57 percent of the company, and the stock seems to fluctuate based on public sentiment toward the former president and convicted felon. His poor debate performance against Kamala Harris last week caused a steep drop in the stock price, and the stock also took a hit last month when Trump posted on X (formerly Twitter) after a...