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Fortune
Fortune
Paolo Confino

Trump Media has lost almost 50% of its value since a preelection rally sent the stock soaring

President-elect Donald Trump (Credit: Allison Robbert-Pool/Getty Images)

The stock price for Truth Social’s parent company continues to move wildly. 

Trump Media and Technology Group’s (TMTG) share price has fallen 48% since Oct. 29 when it sat at $51. The stock is now back down to $26. 

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