Jay Ritter
Cordell Eminent Scholar Jay Ritter

Trump Media shares are in free fall

Truth Social owner Trump Media & Technology Group has gone ice-cold. The conservative social media company has lost roughly half its market value since May 30, and Trump Media’s volatile share price (DJT) tumbled another 5% on Friday, leaving it down by a staggering 50% in the span of just three weeks.

Despite the tumbling share price, some experts like Cordell Eminent Scholar Jay Ritter are warning Trump Media remains vulnerable to further losses.

Read more in this story from CNN. Ritter shared additional insights in this story from Mediaite