A decision Donald Trump made in March is proving to be a costly one that has now caused the former president to slip out of Forbes' rankings for the...
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Donald Trump's media company stock has fallen again, this time down to $18. At the end of last week, DJT dropped below $20 after topping out at over $79 at one point. A year later, CNBC showed that the Truth Social parent company is suffering far worse than his presidential campaign numbers, which are down (43 percent) against Kamala Harris' 48 percent, a USA TODAY/Suffolk Poll said. Trump is currently under a "lockup agreement" that prevents him and his investors from selling their stock until later this month. Under the agreement, insiders can't sell their stock until a certain amount of time after the initial public offering, or IPO, goes public. Read also: Marjorie Taylor Greene is buying stocks again. Some picks pose a conflict of interest Trump hasn't indicated that he intends to sell off the stock when it becomes possible. "Trump Media’s single-day slide of more than 8 percent accompanied a broader market dip on Tuesday, especially for tech companies," said CNBC. "Shortly before 2:00 p.m. ET, the Nasdaq was trading 2.7 percent lower, while the Dow Jones Industrial Average and S&P 500 had both declined over 1 percent."Trends only explain part of the loss, the report said. "That's because the company's stock typically trades more like a meme stock." Such stocks gain popularity as a result of social media.Read the full report here.
A decision Donald Trump made in March is proving to be a costly one that has now caused the former president to slip out of Forbes' rankings for the...
A decision Donald Trump made in March is proving to be a costly one that has now caused the former president to slip out of Forbes' rankings for the...
Donald J. Trump, the largest shareholder in the parent company of Truth Social, said he won’t sell his stock when a restriction ends next week.
Donald Trump opened his Washington, D.C. hotel weeks before the 2016 election and it quickly became a gathering place for Republicans, lobbyists and...
Donald Trump opened his Washington, D.C. hotel weeks before the 2016 election and it quickly became a gathering place for Republicans, lobbyists and...
Former President Donald Trump threatened Nasdaq and the S.E.C. on Friday afternoon as he floated another baseless conspiracy theory that the two were...
Donald Trump's slumping social media company pulled him off a list of the world's richest people in April — and the collapse is continuing.Shares of...
Donald Trump's slumping social media company pulled him off a list of the world's richest people in April — and the collapse is continuing.Shares of...
Former President Donald Trump's eponymous media company's plummeting stock prices erased all the year's gain as its investors worry the financially...
Former President Donald Trump's eponymous media company's plummeting stock prices erased all the year's gain as its investors worry the financially...