Trump Media Stock Plummets Amid Conviction Fallout

Shares of Truth Social's parent company have lost nearly half their value since Trump's felony verdict, raising concerns about the company's future.

Trump Media & Technology Group's stock has dropped over 40% since early June.
The decline accelerated after the SEC approved the resale of additional shares, diluting existing holdings.
The company has lost nearly $3 billion in market value, significantly impacting Trump's net worth.
Experts warn that the stock remains overvalued despite recent losses.
Truth Social continues to struggle with low user engagement and revenue.