
Trump Media & Technology Group Corp. has experienced a significant decline in its stock value, with shares plummeting more than 50% since their peak. The company's market capitalization has dropped from $10.85 billion to $4.68 billion. This sharp decrease has directly impacted former President Donald Trump's net worth, which has fallen by approximately $300 million. The decline in stock value is attributed to volatile trading and recent filings to issue an additional 21.49 million shares, which further pressured the stock. Shares recently traded below $30, marking a new low since the company's debut, with a 17% drop in pre-market trading.

















Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. https://t.co/DaHJ9A32qP
Trump Media Stock Price in Free Fall as It Files to Issue More Shares https://t.co/j4DNNyQq6R https://t.co/NYPOHR83ue
Trump Media Stock Slumps Further After Company Files to Issue New Shares https://t.co/yCnQMikhhK