The fallout has begun, and it sure didn’t take long; following the guilty verdict of Donald Trump in the Manhattan trial, shares of the Trump Media & Technology Group, which includes the former President’s Truth Social media platform, dropped in after-hours trading on Thursday:
Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, slumped Thursday after former President Donald Trump was convicted in his hush money trial.
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Trump Media’s stock was down about 9% in after-hours trading Thursday as news of the verdict emerged.
Granted, the stock has been all over the place since its initial offering in March:
The stock, which trades under the ticket symbol “DJT,” has been extraordinarily volatile since its debut in late March, joining the group of meme stocks that are prone to ricochet from highs to lows as smaller retailers attempt to catch an…
