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

Pentagon to expand paid fellowship program for military spouses

Defense officials this year are opening the Pentagon’s paid...

The Garmin Xero C1 Pro Chronograph … A Game Changer

Next Post Coming Soon...▶ By Mike Hardesty I’ve owned, from the...

Streamlight Introduces 1,000 Lumen TLR-7 HL-X USB

Posted 24 mins ago in Daily News, Flashlights, News,...