Trump’s wealth has decreased by $2 billion since the height of Truth Social’s stock last month
Trump Media & Technology Group‘s stock price is still plummeting quickly down to Earth.
The owner of Truth Social saw another 10% decline on Monday, capping a terrible week that saw a third of the stock’s worth go.
Former President Donald Trump now owns just around $2.9 billion less in the contentious corporation than he did before the selloff. When compared to the closing high of $66.22 on March 27, the day after it went public, that is a significant decline from the height of $5.2 billion.
Trump Media & Technology Group’s stock price is still plummeting quickly down to Earth.
The owner of Truth Social saw another 10% decline on Monday, capping a terrible week that saw a third of the stock’s worth go.
Former President Donald Trump now owns just around $2.9 billion less in the contentious corporation than he did before the selloff. When compared to the closing high of $66.22 on March 27, the day after it went public, that is a significant decline from the height of $5.2 billion.
Trump Media’s market value after the opening day of trade reached as high as $11 billion. Even though Reddit made around 200 times as much money as it did at its IPO in March, that value was nearly twice as high.
The stock prices of Trump Media and the blank check firm it merged with have more than quadrupled this year, despite the recent losses.
