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Trump Media stock plunges 20% pre-election rally

Shares of Trump Media & Technology Group (DJT) sank nearly 20% on Wednesday, putting an end to a weeks-long rally that saw the company's stock climb more than 200% in a month.

Trump Media stock traded at around $41 each at midday, shaving off considerable value since shares closed at $51.51 on Tuesday.

It wasn't immediately clear what prompted the decline in share value.



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