Trump Media Shares Hit Record Low

Shares of Trump Media & Technology Group, which operates the Truth Social platform, have plummeted to $12.15, marking a more than 80% decline from their peak. This drop follows the expiration of insider selling restrictions, leading to significant trading volumes and a 17% decline since last Thursday. Despite Trump stating he has no intention of selling his shares, investor concerns persist. The company's market capitalization has fallen from a peak of over $10 billion to approximately $2.4 billion. Polls indicate Trump is gaining ground politically in battleground states, yet this has not translated into financial stability for his media company.