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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.
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