Trump Media stock plummets after company files to issue millions more shares

Date:

Trump Media & Technology Group’s (TMTG) stock price plunged by more than 15% on Monday after the parent company of former President Donald Trump’s Truth Social platform filed to sell millions more shares.

TMTG, which trades on the Nasdaq under the symbol “DJT,” said in an SEC filing it could issue an additional 21.5 million shares in the coming months.

Ticker Security Last Change Change %
DJT TRUMP MEDIA & TECHNOLOGY GROUP CORP 27.58 -5.01 -15.37%

Trump Media & Technology Group

This is a developing story that will be updated.

Read the full article here

spot_img

Share post:

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Popular

More like this
Related

Chronic Health Issues in a Post-Disaster World

An astonishing 51% of Americans are on long-term medications...

Suspected Portland serial killer indicted in murders of 3 women

Oregon prosecutors have announced the indictment of a...

18th Airborne orders soldiers on staff duty to get 4 hours of sleep

The 18th Airborne Corps published a memo over the...

Taylor’s & Company TC73: Classic Lever-Action Rifle Meets 9mm!

As the lever-action rifle continues, here’s another interesting development...