After the insider selling ban expired, Trump Media's share price fell to a new low
2024-09-23 17:53:12
Shares of former US President Donald Trump's media company fell more than 5% on Monday to a new low, extending a recent decline after insider trading restrictions expired. Trump Media & Technology Group, which is 57% owned by Republican presidential candidates, fell for six straight sessions, reducing its market value to $2.50 billion. The company, which runs the Truth Social app, closed at $12.76 after falling to $12.56, its lowest price since going public in March. The company's shares have fallen about 13% since the insider selling restrictions were lifted on Thursday.,
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