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Trump Media Stock Hits Record Low as President Faces Mounting Political Woes

Trump Media Stock Hits Record Low as President Faces Mounting Political Woes

Summary

Shares in President Donald Trump's media company, Trump Media & Technology Group, hit a record low, closing at $10.85 per share on November 17. The stock price has decreased by 32% over the past month amid political challenges for President Trump and the Republican Party.

Key Facts

  • Trump Media & Technology Group stock fell to $10.85 on November 17.
  • The stock price declined by 32% in the past month.
  • The decline started from around $16 in late October.
  • The decline is linked to political challenges for President Trump.
  • Democrats won elections in several states, including New York and California.
  • There are new developments in the Jeffrey Epstein case, which might impact Trump politically.
  • The House of Representatives is considering making Epstein-related records public.
  • President Trump said he is prepared to approve legislation regarding Epstein records if it reaches him.

Source Information