Trump Media Stock Drops 10% to Kick Off the New Administration

President Donald Trump’s social-media stock is dropping in his first hours back in office.  Shares of Trump Media & Technology Group (DJT), which owns the Truth Social platform, were recently down 10% at about $36. They’ve mostly fallen since touching January highs above $40 and pre-election highs above $50, though they’re up for the year and well above lows they touched earlier in the fall.  The latest moves come as traders seek to position themselves for the start of a new administration. Since Trump’s r ...