Trump Media stock sinks after company announces plans to launch live TV streaming platform

Trump Media & Technology Group (DJT) stock fell more than 10% on Tuesday after the company announced it's launching a new live TV streaming platform.

According to a press release, Trump Media — the parent company of Donald Trump's social media platform Truth Social — will launch the live streaming service on phones, tablets, and TV through the Truth Social app.

Source: https://finance.yahoo.com/news/trump-media-stock-sinks-after-company-announces-plans-to-launch-live-tv-streaming-platform-165111515.html