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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.
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