Bullet points of Truth Social's Stock Keeps Sliding This Week. Here's Why
Bullet points of Truth Social's Stock Keeps Sliding This Week. Here's Why
- Shares of Trump Media & Technology Group fell to around $15, extending its decline since its public listing in March.
- The stock traded as high as $70 shortly after its public listing, but has been on a downward trajectory since then.
- The expected end of a lock-up period that has prevented Trump and other insiders from selling their shares is expected to impact the stock.
- Trump has indicated his support for DJT stock, stating that he intends to own the stock for a long period of time.
- Shares of Trump Media & Technology Group fell to around $15, extending its decline since its public listing in March.
- The stock traded as high as $70 shortly after its public listing, but has been on a downward trajectory since then.
- The expected end of a lock-up period that has prevented Trump and other insiders from selling their shares is expected to impact the stock.
- Trump has indicated his support for DJT stock, stating that he intends to own the stock for a long period of time.