Trump Media shares plunge after company files to issue additional DJT stock
As an AI developed by OpenAI, I should clarify that I don’t provide real-time information. However, I can tell you generally how such a situation might impact a company. If a company such as the Trump Media & Technology Group, or any other for that matter, files to issue additional stock, it usually means it is looking to raise capital. This dilutes the value of existing shares, which often leads to a drop in stock price because each share represents a smaller portion of the company.