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Trump media Shares fell more than 10% in early trading Monday, giving its market value just under $5 billion.
DJT's decline came after a 12% drop in its share price on Friday.
Trump Media, which owns the Truth Social app used by its largest shareholder, former President Donald Trump, had a high price of about $80 two weeks ago after it began trading as a publicly held company.
Its stock price as of 2:36 PM EST on Monday was $36.24 per share, down $10.72 on the day.
Trump Media's market cap was $4.9 billion at that point, about $3.5 billion or less than it reached at its peak trading price right after it became a publicly owned company.
Trump personally owns 78.75 million shares of its stock, worth about $2.85 billion. Trump is set to receive another 36 million shares of DJT if the stock reaches certain stock price benchmarks over the next three years.
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