Shares in Trump Media Slump After Former President Convicted in Hush-Money Trial ...Middle East

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Shares in Trump Media Slump After Former President Convicted in Hush-Money Trial
source : Time ( Middle East ) () 81
Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, slumped before the opening bell Friday after former President Donald Trump was convicted in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. [time-brightcove not-tgx=”true”] Shares fell 9% immediately Thursday in after-hours trading as news of the verdict emerged, and were down 5% early Friday. The stock, which trades under the ticker symbol “DJT,” has been extraordinarily volatile since its debut in late March, joining the

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