"Trump's Conviction Sparks Market Turmoil and Political Uncertainty"

1 min read
Source: Yahoo Finance
"Trump's Conviction Sparks Market Turmoil and Political Uncertainty"
Photo: Yahoo Finance
TL;DR Summary

Shares of Trump Media & Technology Group (DJT) dropped 5% following former President Donald Trump's conviction on 34 counts of falsifying business records. The company, which owns Truth Social, has faced significant financial challenges, reporting substantial losses and a decline in stock value since its public debut. Trump, who holds a 60% stake in the company, is expected to appeal the verdict and faces potential prison time.

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