Shares of Trump Media & Technology Group continue to plummet. Shares in the owner of Truth Social fell another 8% on Monday, continuing a tough week that has seen shares fall by a third.
As a result of the sale, former US President Donald Trump's stake in the controversial company was reduced to about $2.9 billion. That's down sharply from a $5.2 billion peak at a close of $66.22 on March 27, the day after the release. Trump owns a controlling stake of 78.8 million shares in Trump Media, which will launch in 2021.
