CHATTER AWAY: Overnight Open Thread

Variety reports:

Shares of Trump Media & Technology Group, the company majority-owned by Donald Trump that operates the Truth Social social media network, have fallen about 50% off their high since they started trading a little over two weeks ago.

TMTG stock closed at $32.59 per share Friday, rallying late in the day to close up 0.6% — but it’s down 50.7% from its peak closing price of $66.22 per share on March 27, the day after it first started trading on the Nasdaq exchange.

The company’s market cap is now about $4.55 billion, down from an intraday peak of more than $9.5 billion on March 26.

Read the full article.

Shares of Trump Media & Technology Group, the company majority-owned by Donald Trump that operates the Truth Social social media network, have fallen about 50% off their high since they started trading a little over two weeks ago. https://t.co/go7beQrgB3

— Variety (@Variety) April 12, 2024