Trump Media Shares Plunge to New Low of Nearly $16 Per Share on Thursday Following Trump's Dismal Performance at Tuesday's Presidential Debate

Trump Media's stock continued its decline, closing at a new low of nearly $16 per share on Thursday, following Thursday's presidential. Trump Media shares have plummeted approximately 60% since July and about 78% since their March debut after merging with a special purpose acquisition company. Former President Trump, who owns nearly 57% of Trump Media's stock, will soon have the chance to sell his shares when the lock-up period ends. The company's market cap stands at over $3 billion.