Trump’s social media company has lost over $31 million since its launch, faces potential shutdown
- Trump Media was halted as shares rapidly dropped at the start of another volatile trading session.
- DJT stock was down nearly 14% when it was halted due to volatility for the second time.
- The company, which is majority-owned by former President Donald Trump, had previously fallen more than 22%.
Trump Media was halted twice Thursday morning as shares rapidly dropped at the start of another volatile trading session.
DJT stock was down nearly 14% when it was halted due to volatility for the second time at 10:04 a.m. ET.
The company, which is majority-owned by former President Donald Trump, had fallen more than 22% on Wednesday.
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The latest stock slide came after the Truth Social operator recovered from a major sell off in the weeks leading up to the 2024 presidential election.
This is developing news. Please check back for updates.
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