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As excitement fades, Trump Media shares slump again, down nearly 60 percent from their peak

Shares of Donald Trump's social media company slumped again Monday, nearly 60% below their peak price set at the end of last month. Trump Media & Technology Group was down 16.8% at $27.10 in midday trading as more of the excitement surrounding the stock is fading. More excitement around the stock is fading. The stock has fallen sharply since Truth Social's owner took a position with a shell company, allowing its shares to trade on NASDAQ resonance under the symbol "DJT" (Trump's initials), with the stock trading near $80.

The Trump Media Stock Rampage in Five Charts

The chaotic debut of Trump Media & Technology Group (TM&T) has captured the attention of market geeks, as its stock has soared, with the company's valuation soaring to $9 billion, before plummeting. The stock's ups and downs attracted traders looking to profit from its sharp swings, and resulted in large swings in the net worth of majority shareholder and former President of Massachusetts Donald Trump. Shares of Trump Media last closed at $32.41, down about 54% from the price at which trading began on March 26th.

Airspan, Son of Wall Street's SPAC Boom, Seeks Fast Bankruptcy

(Bloomberg) -- Airspan Networks Holdings Inc. got court approval to try to cut debt in bankruptcy proceedings faster than its normal schedule, putting it on track for a quick turnaround after becoming the latest financial firm to fail in Wall Street's SPAC boom. Bloomberg's most-read multi-million simulation of the U.S. economy concludes that the business of the Trump media doesn't matter Iran vows to punish Israel for attack on Syria embassy Tesla disappoints analysts with its worst-ever beating
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