Shares of Trump Media & Technology Group, the parent company of Truth Social, fell more than 7.5% on Monday, Oct. 20, to close at an all-time low of $6.40, according to market data reported by The Daily Beast [10]. The decline extended a broader slump that has pushed the stock down 29% over the past month, the data showed [10].
The sell-off came as third-party analytics data indicated that daily traffic on the platform had fallen by more than 30% over the past year [10].
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