Trump’s social media stock plunges 20%, flirting with its worst day since going public ...Middle East

By Matt Egan, CNN New York (CNN) — After a ridiculous spike over the past five weeks that had absolutely nothing to do with the company’s actual business, former President Donald Trump’s social media stock is suffering a sudden setback. Truth Social owner Trump Media & Technology Group’s share price plunged about 20% on Wednesday afternoon. If Trump Media finishes with a loss of more than 21%, it would qualify as its worst one-day loss since going public in March. It’s not clear exactly what caused the sharp reversal for Trump Media, whose share price has become a proxy for how traders think this election will turn out. Trump Media did not release any major news that would explain t

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Trump’s social media stock plunges 20%, flirting with its worst day since going public ...Middle East

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