DJT Stock: Trump has lost $4 billion in Truth Social wipeout

former president Donald Trump's social media company Trump media and Technology Group ggt is experiencing a significant decline with its stock price plummeting nearly 72% since its peak in March 2024 this sharp drop has severely impacted Trump's wealth reducing the value of his 11 14.75 million shares from $6.2 billion in May to about $2.1 billion effec ly removing him from the Bloomberg billionaires index the company's struggles have raised concerns about its Financial stability as it generates minimal revenue and faces declining Market confidence analysts including Matthew Tuttle of Tuttle Capital Management attribute the slump to Trump media's weak fundamentals and the uncertain political landscape especially with vice president kamla Harris polling closely against Trump despite having over $300 million in cash reserves and launching a new streaming service truth plus the company faces challenges including the potential sale of Insider shares once a lockup period expires on September 20th experts advise caution for investors warning that holding on to ggt stock based solely on political loyalty rather than financial fundamentals could be risky