Trump Media & Technology Group, the owner of Truth Social, has experienced a significant decline in its market value in recent weeks. Since May 30, the conservative social media company has seen its share price plummet by 48%, resulting in a loss of nearly $3 billion from former President Donald Trump's estimated net worth.
The company's stock, which has been volatile, dropped by 14% on Thursday alone. Despite this sharp decline, experts caution that Trump Media remains at risk of further losses due to its high valuation compared to its revenue generation.
