Trump Is $170 Million Less Rich Following Trump Media's Disappointing Q2 Results and Interview on Rival Platform X. Shares Close Below $25.

  • 11 days ago
Shares of Donald Trump's social media company, Trump Media, dropped to their lowest price since April, closing at under $25 per share after a 5% decline. The stock's decline came after the company reported lower-than-expected revenue that was significantly low for its market valuation. The stock’s slump also coincided with Trump’s return to posting on X, a rival platform owned by Elon Musk. The drop reduced Trump’s net worth by an estimated $170 million.

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