Trump Media stock plummets after company files to issue millions more shares

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Trump Media & Technology Group’s (TMTG) stock price plunged by more than 15% on Monday after the parent company of former President Donald Trump’s Truth Social platform filed to sell millions more shares.

TMTG, which trades on the Nasdaq under the symbol “DJT,” said in an SEC filing it could issue an additional 21.5 million shares in the coming months.

Ticker Security Last Change Change %
DJT TRUMP MEDIA & TECHNOLOGY GROUP CORP 27.43 -5.17 -15.85%

Trump Media & Technology Group

This is a developing story that will be updated.

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