Donald Trump owns nearly 65% of Trump Media & Technology Group, which totals 114.75 million shares. This stake's value dropped from $3.5 billion to $3.1 billion as shares of Trump Media fell over 13% recently.
The peak share price of Trump Media when it went public was $79.38 on March 26, following its merger with Digital World Acquisition Corp.
Trump Media's stock price decline this week was influenced by the guilty verdict in Donald Trump's federal hush-money trial and the SEC declaring the company's S-1 filing effective, which led to concerns of share dilution as investors exercised warrants3. Additionally, the company's amended S-1 filing highlighted potential risks related to disagreements with Trump over the use of Truth Social. These factors contributed to a 46% drop in stock value since the verdict and increased selling pressure.