Tuesday, June 2, 2026

Trump Stock Falls Below $17 As He Prepares to Sell Off and Leave Investors in the Lurch

Share

Trump Media stock fell to $16.98 today, the latest in a nosedive downward.

Some people are shorting Trump Media now, betting that will continue to drop precipitously.

There are only two weeks left, as the New York Times noted today, until Trump can start selling off his shares. No doubt he and friends will do that, leaving investors high and dry.

I wonder how those investors will feel about voting for a guy who ripped them off. I guess they’ll love it since they don’t seem to care about felony convictions, rape judgements, and five dozen other onerous things Trump has done.

With Trump gagged, even he’s not making Truth Social very interesting anymore. All he can do is gripe about his gag order, or attack Kamala Harris. He does appear very enthusiastic about that since there’s not much he find against her.

We’ll see what happens tomorrow. But the stock price is a reflection of Trump’s waning popularity.

Donate to Showbiz411.com

Showbiz411 is now in its 13th year of providing breaking and exclusive entertainment news. This is an independent site, unlike the many Hollywood trades that are owned by one company. To continue providing news that takes a fresh look at what's going on in movies, music, theater, etc, advertising is our basis. Reader donations would be greatly appreciated, too. They are just another facet of keeping fact based journalism alive.
Thank you


Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009 and previously edited Fame magazine and wrote the "Intelligencer" column at New York magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. is articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

Read more

In Other News