Earlier this year, Donald Trump's social media company was worth something like $9 billion. But that was then, and its stock has been sinking since...
To start, a caveat we've mentioned before: DJT is a meme stock. Investors aren't valuing it based on the company's financials, which are very meager at best.
One reason Trump's stock may be moving down is that lots of people who own Trump stock are Trump fans, and/or people betting that Trump will win the November election.
The other very plausible reason that Trump stock is moving down is that investors may be worried about Trump selling some of his shares in the company.
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