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Traders are betting millions that Trump Media will tumble

By Joe Rennison
New York Times·
5 mins to read

Before former President Donald Trump’s social media company made its stock market debut, many investors were lining up to bet on its collapse. After the company’s share price plunged following an initial surge, the appetite to bet against the stock has grown even more ravenous.

Trump Media & Technology Group, which trades under the ticker DJT, slipped on Wednesday to below US$50 (about NZ$83) per share, extending a steep decline this week that pulled the stock down from

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