Trump Media Shares Plunge 47% in April, Wiping Out Billions in Value

• Trump Media shares closed down nearly 20% for the week, wiping out billions in market valuation • Shares have dropped 47.4% in April alone after starting trading at $70 per share in late March • Trump owns nearly 60% of the company's stock, facing over $5B in market cap losses • Revenue was just $4.1 million last year with $58 million net loss • High share price and losses have drawn interest from short sellers betting the stock will fall