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International Business Times
International Business Times
Business
Thomas URBAIN

Market Correction: Trump Stock Tumbles After Buoyant Debut

Donald Trump Matthew Kennedy Jay Ritter TMTG Reddit Republican
Donald Trump still stands to make plenty of money with the listing of his media group, which owns the app Truth Social (Credit: AFP)

After a winning debut on Wall Street last month, Donald Trump's media group has suffered a bruising retreat, denting the Republican candidate's wealth as he faces legal challenges.

Since entering public markets on March 26, Trump Media and Technology Group has seen its market value plummet from around $11 billion to under $4.5 billion.

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