The Guardian

Hundreds of millions wiped from Trump fortune in wake of conviction



Trump Media & Technology Group’s stock finishes day down 5.3% on Wall Street, as ex-president’s stake falls from $6bn to $5.6bnDonald Trump’s paper fortune dropped by hundreds of millions of dollars on Friday as shares in his media firm came under pressure in the wake of his conviction in his New York hush-money trial.Trump Media & Technology Group’s stock finished the day down 5.3% on Wall Street, denting the value of the former president’s vast stake in the business. Continue reading…



Source link : https://www.theguardian.com/business/article/2024/may/31/trump-media-stock-wealth-declines-guilty-verdict

Author : Callum Jones in New York

Publish date : 2024-05-31 22:52:15

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Tags : The Guardian

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