Trump’s Stock Nightmare: 4B USD Vanishes in Six Months 

United States: The shares of Trump Media & Technology Group floated in the market in March and this was evidenced when its personal stake by the former president Donald Trump touched more than USD 6 billion. But in the period of nearly six months, Dyson has slipped to below USD 2bn largely as a result of losses and decreased incomes. 

Massive Decline in Stock Price 

As reported by  CBS News, More than 70 percent have been cut off the stock’s price since the company’s peak in the stock market late March and the new low on Wednesday was recorded after a months-long slump. That is so since its founder and ultimate owner, Trump, who is also the biggest stockholder in Trump Media & Technology, has received the largest hit on paper losses though he cannot sell the shares yet. 

Controversy and Investor Sentiment 

Trump possesses about 60% equity stake in Trump Media & Technology Group, which runs a money-incumbent social media known as the Digital World Acquisition Company and trades under DJT, the former president’s numerical representation. It has built a following among Trump fans, typically traders who engaged in groups on Truth Social to discuss the matter and accuse short-sellers of depressing the stock’s performance. 

“Just a thought why doesn’t [Trump Media & Technology Group] just suspend the stock on say company news while they investigate all the manipulation” a member of the DJT investor group posted on Truth Social on Wednesday. “This would get the shorters scrambling!!!” 

Current Stock Performance 

Trump Media’s common stock dropped USD 1. 10, or 6 per cent to USD 16. 98 on Wednesday which is the company’s lowest stock price after it started trading in March. 

Impact of Short Sellers 

But bear back short sellers — investors that sell stocks expecting a decline, buying the shares if the value reduces so they can borrow the difference — are contributing to the movement of lowering the company’s stock value as stated by Ihor Dusaniwsky, managing director of financial data company S3 Partners. First of all, he pointed out that there is very little inventory on hand which can be sold short.