By Griffin Mbaye, 31 May, 2024 / Business

Trump Media & Technology Group's Stock Nosedives Following Donald Trump’s Conviction in Hush-Money Trial

Following the conviction of Donald Trump in his hush-money trial, shares of Trump Media & Technology Group plummeted. The company, which owns Truth Social, saw its stock symbol 'DJT' drop by 15 percent after Trump was found guilty of 34 counts of falsifying business records. This has reignited discussions on the volatility of Trump's media enterprise and its future prospects.