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Published 1 month ago

Trump Media shares plunge after company files to issue additional DJT stock

  • TMTG shares dropped over 15% following a blank-check merger with Trump's media business, losing more than 60% of its value since the merger.
  • The stock had surged in anticipation of the merger but started trading publicly as TMTG on March 26.
  • The significant decline in TMTG shares indicates market disappointment post-merger completion.
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