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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.

Invest Like Donald Trump in This Stock Yielding 8.1%

Donald Trump built his fortune through real estate investment and development. He inherited part of his father's real estate business and then expanded it through strategic real estate deals, hotel development and branding. Trump has also ventured into the entertainment industry, including his hit show The Apprentice and his new social media application Truth Social, which recently went public through a SPAC listing and now trades as Trump Media & Technology Group Corp. Investing in real estate is not as easy as

If Trump wins, he plans to free Wall Street from 'heavy supervision'

Donald Trump's second term in the White House would seek to sharply reduce the power of the U.S. financial regulator, according to a review of publicly available documents and interviews with former Armsmaster allies. Based on interviews and proposals from groups working to influence the new conservative administration, Donald Trump is likely to renew his efforts to scale back those reforms if elected, reducing protections for small investors and borrowers and allowing companies to raise capital with less scrutiny. Reuters interviewed about a dozen people who have advised or consulted with Trump or his allies.

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.
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