Trump Media & Technology Group's (TMTG) stock price plunged by more than 15 per cent on Monday after the parent company of former President Donald Trump's Truth Social platform filed to sell millions more shares.
The stock price of Donald Trump's Truth Social parent company has plummeted by more than 15 per cent after it revealed it may issue an additional 21.5 million shares in the coming months. Trump Media & Technology Group's stock price plunged by more than 15 per cent on Monday after the parent company of former President Donald Trump's Truth Social platform filed to sell millions more shares.
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. The stock prices of Donald Trump's Truth Social parent company has plunged by more than 15 per cent after it revealed it may issue an additional 21.5 million shares in the coming months. Picture: Getty
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