Trump Media shares closed down nearly 10% after a wild trading session that was briefly halted due to volatility when the Truth Social owner’s stock suddenly plunged in price.
DJT stock, which had been up more than 13% earlier in the afternoon, had abruptly turned more than 6% lower on the day at the time the halt occurred.
The stock drop came during the highest-volume day for Trump Media since it started publicly trading on the Nasdaq following a business merger with a blank-check firm.