Trump Media Shares Plunge to New Low of Nearly $16 Per Share on Thursday Following Trump's Dismal Performance at Tuesday's Presidential Debate

Benzinga

Trump Media's stock continued its decline, closing at a new low of nearly $16 per share on Thursday, following Thursday's presidential. Trump Media shares have plummeted approximately 60% since July and about 78% since their March debut after merging with a special purpose acquisition company. Former President Trump, who owns nearly 57% of Trump Media's stock, will soon have the chance to sell his shares when the lock-up period ends. The company's market cap stands at over $3 billion.

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00:00It's Benzinga, and here's what's on the block.

00:03Trump Media stock continued its decline, closing at a new low of nearly $16 per share on Thursday.

00:09Trump Media shares have plummeted approximately 60% since July and about 78% since their March

00:14debut after merging with a special-purpose acquisition company.

00:18Former President Trump, who owns nearly 57% of Trump Media stock, will soon have the chance

00:23to sell his shares when the lockup period ends.

00:25The company's market cap stands at over $3 billion.

00:28For all things money, visit Benzinga.com.

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