Shares of Trump Media & Technology Group have plummeted over 70%, dropping from a $6 billion stake under Donald Trump's ownership to about $2 billion.
The stock price's decline has intensified as Trump trails behind Vice President Kamala Harris in national polls, producing a direct correlation between his campaign performance and investor sentiment.
Investors are on edge as the impending Sept. 19 date approaches, allowing Mr. Trump and early investors to sell shares, which may further lower the stock price.
Many individual investors, initially enthusiastic about the merger with Digital World Acquisition, have seen significant losses as the stock has fallen from its post-merger highs.
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