Trump Media Shares Plummet to Record Low

Stock decline mirrors Trump's fading election prospects and return to rival social media platform X.

Shares of Trump Media & Technology Group have fallen over 60% since their March debut.
The company's main asset, Truth Social, reported significant losses and minimal revenue.
Trump's political standing has impacted the stock, with polls showing him trailing Vice President Kamala Harris.
Trump's recent activity on X has raised questions about his commitment to Truth Social.
The upcoming expiration of a lockup period may allow Trump to sell his majority stake.