Trump Media Stock Hits New Low Amid Losses and Political Shifts

The stock price of Trump Media & Technology Group, the parent company of Truth Social, reached a new low on the first day of the Democratic National Convention. This decline is part of a larger trend of falling stock prices for the company since mid-July. Experts attribute the fluctuating stock prices to retail investor activity and the volatile news cycle surrounding Donald Trump. Financial reports reveal the company has experienced significant losses and minimal revenue. Despite a noteworthy debut, the company`s stock performance has been erratic, and experts believe it is overvalued compared to similar companies.