Shares of Trump Media & Technology Group, the parent company of social media platform Truth Social, fell on Wall Street after former US President Donald Trump returned to rival platform X.
The company's shares fell in after-hours trading on Wall Street on Tuesday by 4.42% to $23.76, after closing yesterday's trading down 5.07%.
This decline came after the Republican candidate in the US presidential elections wrote his first post on the X platform yesterday since 2023.
In addition to the interview that Trump conducted with billionaire Elon Musk, which lasted more than two hours this morning, during which they discussed several points, most notably the elections, the economy, global politics, and also electric cars.
Trump retains a 60% stake in the parent company, which is worth about $2 billion.
