Trump Media Stock Plummets Below $20 as Lock-Up Expiry Nears

Shares of Trump Media & Technology Group have dropped over 70% since March, with financial and political challenges looming.

Trump Media shares hit a record low under $20 for the first time since going public in March.
The stock's decline accelerated after Vice President Kamala Harris gained in the polls and Trump returned to X.
Trump faces significant obstacles in selling his stake due to potential market impact and political implications.
The company's valuation has plunged from $6 billion in May to $2.3 billion currently.
Experts suggest Trump might borrow against his shares instead of selling them outright.