Trump’s media company shares fell by 10%
reported by Mehr Reporter, according to Reuters, with the end of the restriction on the internal sale of shares of the Trump media company, the shares of this company, 57% of which belong to Donald Trump, the former president of the United States, decreased by 10% in last night’s trading. It fell.
The share value of this company has decreased significantly in the previous 6 trading sessions. With last night’s fall, the total market value of this media company, which has the Truth social network under its portfolio, has reached 2.4 billion dollars.
Since the end of the insider trading limit for shares of the Trump media company on Thursday, shares of the company have fallen a total of 17%, and its share price has reached 12.15.
The total market value of this media company had increased to 10 billion dollars in March and with the support of Trump supporters hoping for his victory in the upcoming presidential elections, but since then Until now, and especially after the resignation of the current American president, Joe Biden, there has been a continuous decrease in the electoral competition.
