Trump Media shares close down by more than 5%, latest grim day for Truth Social owner

2024-04-11 21:43:00+00:00 - Scroll down for original article

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The share price of Trump Media fell 5.4% at the close of trading on Thursday. DJT shares, the majority of which are owned by former President Donald Trump, ended at $32.41. Thursday's drop came a day after Trump Media shares fell 8.57%. The social media company's stock began public trading on the Nasdaq on March 26 with an opening price of $70.90, and soared to a high of nearly $80 that day. But the share price has slumped since then.