Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five months ago after a merger. Trump Media, the company that owns the Republican presidential nominee’s preferred social messaging platform Truth Social, closed down more than 3.5% to settle at $22.24 a share. The previous low point for the stock, which trades under the DJT ticker, was in mid-April when the price plummeted to $22.55 following the company’s slingshot rise in its frenzied public trading debut. The notoriously volatile stock’s downward trajectory over the past month coincided with a swirl of seismic developments for Trump, who is both the majority stakeholder of Trump Media and a main draw for Truth Social users. The share price surged on July 15, the first trading day after Trump was nearly assassinated at a campaign rally in western Pennsylvania. Trump was formally nominated at the Republican National Convention two days…
