New York CNN —
Former President Donald Trump’s social media company is in a deep slump that keeps getting worse, wiping out a huge chunk of his net worth.
Shares of Trump Media & Technology Group (DJT) dropped last week to their lowest level since the merger that brought the owner of Truth Social public this spring.
Trump Media has lost about three-quarters (74%) of its value since peaking at $66.22 on March 27.
The selloff has erased significant amounts of wealth for investors — including Trump.
Trump’s dominant stake of
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