Trump’s media company loses a third of value after initial surge in trading
The Guardian -

Stock has become actively shorted as traders are betting on company’s fall, and the ex-president’s stake is now valued at $3bnDonald Trump’s media and technology group, DJT, has lost about 36% of its value since it began publicly trading on 22 March, dropping the former president’s stake to about $2.8bn.As of Monday afternoon, DJT stock was priced at about $36 – down from a high of $66 seen on 27 March. But market analysts are saying it’s too soon to draw any firm conclusions from the...

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