Trump Media plummets 22%, cutting into DJT rally days before election

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Trump Media plummets 22%, cutting into DJT rally days before election

Aytac Unal/ | Anadolu | Getty Images

Shares of Trump Media dropped more than 22% Wednesday, pouring cold water on a remarkable rally that added billions of dollars to former President Donald Trump’s on-paper net worth in the runup to the 2024 election.

DJT stock, which closed at $51.51 per share on Tuesday, was trading under $40 around noon ET Wednesday.

Trump, the *********** presidential nominee, owns nearly 57% of the company, according to recent regulatory filings.

His stake as of midday Wednesday was worth around $4.5 billion, nearly $1.4 billion lower than where it stood Tuesday afternoon.

Trump has vowed not to sell his shares.

Stock Chart IconStock chart icon

Trump Media (DJT) Stock Price

This is developing news. Please check back for updates.

Read more CNBC politics coverage

This is the hidden content, please

• Sign In
• or
• Sign Up

#Trump #Media #plummets #cutting #DJT #rally #days #election

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up