Trump Media Shares Plummet Following Guilty Verdict in Hush Money Case
Former President Donald Trump's conviction on 34 felony counts leads to significant volatility in Truth Social's stock.
- Trump Media & Technology Group shares dropped 5% after the guilty verdict.
- The stock experienced extreme volatility, reflecting investor uncertainty.
- Trump's net worth, tied to his majority stake in the company, is significantly impacted.
- Retail investors, who form the majority, faced substantial losses.
- The broader market remained largely unaffected by the verdict.