The value of the shares in the beginning of 2024 was less than $17, a decrease of more than 6%.
The share price has dropped more than 70% from its peak, which was reached in April during the criminal prosecution of the former president.
The corporation, which runs the social media network Truth Social, continues to brag of having a market value of over $3.3 billion, which is impressive for a small business with declining income and mounting losses.
The Republican primary victory in January by Mr. Trump had contributed to the growth of interest in the Trump has it.
Wall Street saw Digital World Acquisition Corp., a publicly traded shell company set up to purchase Trump Media, as a stand-in for the company, and buyers snatched up shares of it.
Around the time of the merger’s official completion in March, demand increased even more.
Since then, there has been a sharp fluctuation in price.
The price has dropped in recent weeks, but its highest point was reached in July—just after Trump escaped an attempted assassination and before President Joe Biden withdrew from the race.
The company’s losses coincide with the approaching period when Trump and other early investors will be able to sell their shares without restriction.
Since then, Mr. Trump’s stock has decreased in value from almost $6 billion to roughly $2 billion.
