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Trump Media Shares Plunge as Sale Looms, Losses Mount

4/5/2025

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Summary

Story summary

Investor anxiety is mounting for Trump Media & Technology Group (TMTG) as President Trump seeks to sell up to 115 million shares, worth a staggering $2.3 billion. The stock plummeted 7.4%, marking a steep 55% drop from its peak. With a reported net loss of $401 million in 2024, the company's financial future hangs in the balance.

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Story summary

Investor anxiety is mounting for Trump Media & Technology Group (TMTG) as President Trump seeks to sell up to 115 million shares, worth a staggering $2.3 billion. The stock plummeted 7.4%, marking a steep 55% drop from its peak. With a reported net loss of $401 million in 2024, the company's financial future hangs in the balance.