Trump Media shares reach new low as lockup period set to expire

Sept. 19 (UPI) -- Shares of Republican presidential nominee Donald Trump's majority-owned media company slumped an additional 4% Thursday as a six-month lockup period was set to expire.

Trump Media & Technology Group plunged to a new low of $14.43 per share shortly after trading opened on the Nasdaq exchange Thursday, down from Wednesday's close of $15.62. By mid-day, the price had recovered somewhat to $15.09.

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