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You are here: Home / Trump Legacy / Shares of Trump’s Social Media Company Plummet

Shares of Trump’s Social Media Company Plummet

June 18, 2024 at 2:57 pm EDT By Taegan Goddard Leave a Comment

Shares of Trump Media & Technology Group dropped more than 13% on Tuesday, continuing the stock’s tumble following the conviction of Donald Trump, the company’s majority shareholder, CNBC reports.

Trump Media shares, which trade under the ticker “DJT,” are down about 40% since May 30, when a New York jury found Trump guilty of 34 felony counts of falsifying business records.

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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