DJT (aka Trump Media & Technology Group Corp, aka Truth Social) drops to it’s 2024/03/22 price, wiping out all the gains since merger, less than 50% of its recent peak of $79.
This wipes out anyone still holding from a purchase from 2021/10/22-2022/06/10 when it was trading in the $43-97 range.
Probably not a good idea to take shares as collateral for anything.
Forbes reports it has a book value of less than $2/share, down from the $10 initial buy-in which was only worth $8.
