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Shares in Donald Trump's social-media company are down about 13%. On Monday, updated regulatory documents showed that a lock-up for Trump and other insiders for six months following Trump Media's debut as a listed company is still in place. https://t.co/9UfDCmUdnS
Trump Media Stock Surges 24 Percent in First Week of Trading https://t.co/tp8VNKkR60
April 1 (Reuters) - Shares of Trump Media & Technology Group DJT.O fell 15% on Monday after it raised doubts that the parent firm of Truth Social might not be able to meet financial liabilities, days after completing its merger with blank check firm DWAC https://t.co/dUu072TrEm
Trump's media company, Truth Social, began trading on Nasdaq under DJT symbol, gaining 25% since debut. However, SEC filings show it lost over $58 million in 2023. The parent company, Trump Media & Technology Group, faced a drop of 16% in its stock value and doubts about meeting financial liabilities post-merger.