Trump Media Stock Falls Below $20—Lowest Price Since Going Public
DWACDigital World Acquisition (DWAC) Forbes·2024-08-29 02:48

ToplineShares of Trump Media and Technology Group fell below 20forthefirsttimesincethecompanyofficiallywentpublicthroughamergerinMarch,continuingadownwardtrendfortheTruthSocialparentcompany—andsendingformerPresidentDonaldTrump’snetworthdownabout20 for the first time since the company officially went public through a merger in March, continuing a downward trend for the Truth Social parent company—and sending former President Donald Trump’s net worth down about 140 million.Truth Social’s parent company Trump Media could close at its lowest level since it merged with a ... [+] blank-check firm to go public.The Washington Post via Getty Images Key FactsThe company traded at $19.87 as of 2: ...