Truth Social stock hits all-time low after midterms
The gist
Trump Media shares fell over 13% to an all-time low of about $5.10 after Democrats won Congress.
The drop cuts Trump's 41% stake value and adds regulatory risk.
How it unfolded
- 2021Investors in the special purpose acquisition company that helped take Trump's company public paid $175 a share.
- Jun 25, 2026Trump Media closed at $7.52 a share, dipping below its previous all-time low of $7.76.
- Aug 2026The company reported $1.7 million in revenue and $238 million in losses for the second quarter.