Former President Donald Trump's net worth fell by about $475 million as shares of Trump Media & Technology Group continued their downward trend.

Trump Media & Technology Group has announced that the Securities and Exchange Commission (SEC) has approved the company's filing to resale certain shares and warrants.

Donald Trump’s net worth dropped by hundreds of millions after shares in his media company fell 5.3% following his conviction in a New York hush-money trial.

Shares of Trump Media & Technology Group recovered in pre-market trading on Friday following an initial sell-off after former President Donald Trump was convicted in his hush money trial.

The guilty verdict in the hush money case has had a significant impact on Donald Trump's net worth following a 9% drop in the shares of Trump Media, the former president has reportedly lost approximately $500 million.

Trump Media and Technology Group (TMTG), the owner of former President Donald Trump's social media platform Truth Social, has called on Louisiana's financial regulator to investigate alleged irregularities in its share trading.

Truth Social, the social media platform launched by former President Donald Trump's media company, is struggling to maintain its US user base.

Trump Media & Technology Group, the owner of former President Donald Trump's social media company Truth Social, disclosed that it had coordinated with the Financial Industry Regulatory Authority (FINRA).

In its first quarter since going public, Trump Media & Technology Group, the company that owns Truth Social, reported a concerning loss and revenue of less than $1 million.

Trump Media has postponed its quarterly filing due to a change in auditors, while simultaneously witnessing a surge in stock value, adding billions to the former president's stake.