- April 15, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Trump Media & Technology Group Stock Price Plunges
The Truth social network logo is seen on a smartphone in front of a display of former President Donald Trump in this picture illustration taken Feb. 21, 2022. (Reuters/Dado Ruvic/Illustration)
### TMTG Stock Price Plunge
Trump Media & Technology Group’s (TMTG) stock price plunged by more than 15% on Monday after the parent company of former President Donald Trump’s Truth Social platform filed to sell millions more shares.
### Additional Share Issuance
TMTG, which trades on the Nasdaq under the symbol “DJT,” said in an SEC filing it could issue an additional 21.5 million shares in the coming months. The filing showed a potential sale of 146.1 million shares of the social media company, including 114.8 million shares owned by Trump himself.
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