The Independent

Trump Media stock slides again to bring it nearly 60% below its peak as euphoria fades

Source: ANGELA WEISS

The stock price for Donald Trump's social media company slid again Monday, pushing it nearly 60% below its peak set late last month.

Trump Media & Technology Group was down 16.8% at $27.10 in midday trading as more of the euphoria that surrounded the stock fades. It's a sharp comedown since nearing $80 after the owner of Truth Socialmerged with a shell company under the symbol “,” for Trump's initials.

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