Trump Media shares continue to drop, as SEC move threatens to ding shareholders

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Trump Media & Technology Group Corp. — the company behind former President Donald Trump’s Truth Social platform — said Tuesday that regulators allowed some of its investors to resell certain securities and made certain warrants available for exercise.

After sliding about 10% during regular trading, shares of Trump Media & Technology DJT tumbled another 13.5% after hours on Tuesday, amid fears the moves would fatten the overall supply of shares, lowering their price for shareholders in the process.

The…

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