Trump Media shares fall to new low after insider selling ban expires
Shares of former U.S. President Donald Trump's media company fell more than 5 per cent to a new low on Monday, extending recent declines following the expiration of insider trading restrictions. Trump Media Technology Group, which is 57 per cent owned by the Republican presidential nominee, fell for the sixth consecutive session, dropping its market capitalisation to $2.5 billion. Shares of the company, which operates the Truth Social app, last settled at $12.76 after falling to $12.56, its lowest price since going public in March. The company's shares have fallen about 13% since insider selling restrictions were lifted on Thursday. ,
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