Your current location:HOME >politics >Trump Media stock slides again to bring it nearly 60% below peak 正文
TIME:2024-05-07 19:00:43 Source: Internet compilationEdit:politics
NEW YORK (AP) — The stock price for Donald Trump’s social media company slid again Monday, pushing i
NEW YORK (AP) — The stock price for Donald Trump’s social media company slid again Monday, pushing it nearly 60% below its peak set late last month.
Trump Media & Technology Group was down 16.8% at $27.10 in midday trading as more of the euphoria that surrounded the stock fades. It’s a sharp comedown since nearing $80 after the owner of Truth Socialmerged with a shell company to get its stock trading on the Nasdaq under the symbol “DJT,” for Trump’s initials.
Part of the decline may be due to criticism that the stock price had zoomed way past what skeptics said the money-losing company is worth, particularly one with tough odds for success. But another part is also likely because of action Trump Media took Monday.
The company filed documents with the U.S. Securities and Exchange Commission that open the door for the future potential sale of millions of shares. The document, called an S-1, relates to warrants held by investors that can be transformed into shares of stock, as well as shares held by company insiders.
Trump hush money trial: Prosecutors move deeper into ex2024-05-07 18:45
Japanese factory searched over deaths possibly linked to dietary supplements2024-05-07 18:36
Dozens of jobs set to be axed at Commerce Commission2024-05-07 18:32
Attendance action plan includes daily data, traffic light system2024-05-07 18:24
Nonprofit Chicago production house Invisible Institute wins 2 Pulitzer Prizes2024-05-07 18:12
'Strong' quake hits West Coast2024-05-07 17:36
Auckland's rail operators promise city's trains will run more smoothly2024-05-07 17:35
Watch: Christopher Luxon faces questions at post2024-05-07 17:03
Guardians place AL2024-05-07 16:57
Wellington job market already tough before public sector redundancies2024-05-07 16:26
Chad holds presidential election after years of military rule2024-05-07 18:37
School attendance held back by sickness2024-05-07 17:52
Teens arrested after petrol station, vape shop burglaries2024-05-07 17:41
Gunmen kill at least 60 in attack at concert hall near Moscow2024-05-07 17:25
155 police officers injured at German soccer match, most from tear2024-05-07 17:25
Attendance action plan includes daily data, traffic light system2024-05-07 17:18
Samantha Murphy's accused killer named as Patrick Orren Stephenson after suppression order ends2024-05-07 17:18
Students' tips for high attendance: 'Push through' minor illnesses to come to school2024-05-07 16:54
Anaheim Ducks goaltending coach Sudarshan Maharaj declared cancer2024-05-07 16:40
Pilot of crashed Baltimore ship called for tugboat help minutes before ploughing into bridge2024-05-07 16:30