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Trump Media shares sink 12% as DJT slide accelerates
Trump Media has been in a slump since a New York jury convicted the presumptive Republican presidential nominee on 34 counts of falsifying business records.
This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Trump Media has been in a slump since May 30, when a New York jury convicted the former president and presumptive Republican presidential nominee on 34 felony counts of falsifying business records. The development authorizes early investors in Trump Media to exercise warrants they hold in the company, and it allows stockholders to publicly resell securities covered by the registration statement.
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