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International Business Times
International Business Times
Business
Ann Resuma

Trump Media Stock Plunge Continues After Lockup Agreement Expires

Trump Media Donald Trump DJT Nasdaq DWAC

Trump Media shares fell to their lowest price on Monday since 2021. This comes days after former President Donald Trump and other company insiders received a go-ahead to start selling their stakes with Trump as the majority owner.

The shares, listed on Nasdaq as DJT, dropped another 10% on Monday, closing at $12.15. This marks six consecutive sessions of decline for Trump Media & Technology Group. Since restrictions on insider selling were lifted last week, the stock has fallen 17%.

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