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Trump Media shares end week down nearly 20%, losing billions in market cap

Trump Media shares end week down nearly 20%, losing billions in market cap

Jonathan Raa | Nurphoto | Getty Images

The price of Trump Media closed trading Friday down nearly 20% for the week.

DJT shares, which dropped by more than 8% within the first hour of trading Friday, eked out a slight gain by the end of the day.

Shares closed up 18 cents at $32.59, an increase of around .5%.

But that closing price still was more than $38 lower than what Trump Media shares first sold for when the social media company began public…


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