Trump Media shares tumble after Donald Trump found guilty on 34 felony counts
Publishing timestamp: 2024-05-31 09:52:31
Summary
Trump Media shares fell after former President Donald Trump was found guilty on all 34 felony counts in his New York criminal trial. The company's stock initially recovered in pre-market trading but tumbled after market open. Trump Media reported a net loss in the first quarter and has a market cap of about $9 billion based on Trump's brand and following.
Sentiment: NEGATIVE
Tickers: DJT,
Keywords: markets, business news, breaking news: politics, politics, elections, trump media & technology group corp, breaking news: markets, crime, donald trump,
Source: https://www.cnbc.com/2024/05/30/djt-stock-falls-donald-trump-found-guilty-on-34-counts.html