Skip to Content
AP-National

Shares in Trump Media slump after former president convicted in hush money trial

By
Published 3:56 PM

By MICHELLE CHAPMAN
AP Business Writer

Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, are slumping before the opening bell after former President Donald Trump was convicted in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. Shares fell 9% immediately Thursday in after-hours trading as news of the verdict emerged, and they’re down 5% early Friday.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

Related Articles

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content