Name: Trump Media Shares Fall After Trump's Conviction
Uploaded: 2024-06-01T02:43:24.000Z
Description: Shares of Trump Media & Technology Group dropped 6.5 percent late on Thursday after a New York jury convicted former President Donald Trump for falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election.

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Shares of Trump Media & Technology Group dropped 6.5 percent late on Thursday after a New York jury convicted former President Donald Trump for falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election.

The Truth Social parent, majority owned by President Trump, was trading at $48.44 after the closing bell. It had closed at $51.12 during regular hours on Thursday, which gave it a valuation of $9 billion.

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