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XRP $1.00 +0.21%
SOL $75.84 +0.95%
TRX $0.3307 -0.26%
DOGE $0.0702 +0.51%
ADA $0.1739 -0.81%
BCH $204.42 +0.43%
LINK $9.47 +0.80%
HYPE $59.02 +2.43%
AAVE $88.11 +1.75%
SUI $0.6767 +0.22%
XLM $0.1580 +0.51%
ZEC $516.02 +5.23%

After the insider selling ban expired, Trump Media's stock price fell to a new low

2024-09-24 11:20:25

ChainCatcher News, former U.S. President Trump's media company's stock price fell more than 5% on Monday, hitting a new low, continuing its recent downward trend after the expiration of insider trading restrictions. Trump Media & Technology Group has seen its stock decline for six consecutive trading days, with a market value dropping to $2.5 billion, of which 57% is owned by the Republican presidential candidate. The company operates the Truth Social app, and its stock price fell to $12.56 (the lowest price since its listing in March) before closing at $12.76. Since the lifting of the insider selling restrictions on Thursday, the company's stock price has dropped about 13%.

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