Trump Media Stock Tanks 85% From March Debut As Lockup Expiration Fuels Sell-Off. Trump's 57% Stake Now Worth $1.4 Billion

Benzinga

Shares of Trump Media fell Monday to their lowest price since 2021, after Donald Trump and other insiders were cleared to sell their stakes in the Truth Social operator. DJT stock closed at over $12 per share, marking six straight days of decline and an 85% drop from its March debut. The stock’s slide continues after the company’s market capitalization shrank from $10 billion in March to under $2.5 billion. Trump owns 57% of the company, with his stake now worth $1.4 billion.

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

00:03Shares of Trump Media fell Monday to their lowest price since 2021 after Donald Trump

00:07and other insiders were cleared to sell their stakes in the true social operator.

00:12DJT's stock closed at over $12 per share, marking six straight days of decline and an

00:1785% drop from its March debut.

00:20The stock slide continues after the company's market capitalization shrank from $10 billion

00:25in March to under $2.5 billion.

00:28Trump owns 50% of the company, with his stake now worth $1.4 billion.

00:32For all things money, visit Benzinga.com.

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