New York CNN —
Shares of Trump Media & Technology Group continue to rapidly fall back to Earth.
The Truth Social owner dropped by another 10% on Monday, adding to a brutal week that wiped out a third of the stock’s value.
The selloff has shrunk former President Donald Trump’s stake in the controversial company to about $2.9 billion. That’s down sharply from a peak of $5.2 billion based on the closing high of $66.22 on March 27, the day after it went public.
Trump owns a dominant stake of 78.8 million shares in
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