DJTs stock price fell 18% to $26.61 on Monday.
TheSEC filingshows that Trump Media plans to increase the number of available shares by 15%,CNN reports.
This could devalue the shares of existing DJT shareholders, including Trump Medias largest shareholder, Donald Trump himself.
Photo: Megan Varner (Getty Images)
Also on Monday, Trump stepped into a New York Courthouse for the first day of hiscriminal trial.
Though Trump is bound by the lockup agreement, he could be especially reliant on DJTs stock price.
Trump facesmillions of dollars in legal fees, and his social media company once seemed likehis saving grace.
Truth Socials stock price has been a roller coaster in the last few weeks.
Truth Social offered Donald Trump a platform for years when few others would give him one.
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