Trump Media & Technology Group's Stock Plummets Following New Share Issuance
Trump Media & Technology Group's (TMTG) stock took a significant hit on Tuesday. This decline came after the company filed a prospectus on June 10 detailing a plan to issue up to 14.4 million common shares. Additionally, the company plans to allow the resale of 146.1 million shares by selling stockholders, including 78.8 million shares held by Donald Trump.
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