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Trump Media shares plunge 11% after company files to issue additional DJT stock


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.

Stefani Reynolds | AFP | Getty Images

Shares of Trump Media plunged more than 11% on Monday after the company filed to issue millions of additional shares of stock.

Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for his criminal trial on hush money-related charges. Trump is the majority stakeholder in the company.



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