Trump Media, which owns the Truth Social app and trades under DJT, the same as Trump's initials, shed $4.69, or 11.7%, to $35.34 Thursday. That comes after a 22% tumble on Wednesday, which followed more than five weeks of market gains, sending the shares ...

The massive swings come as the stock suffered its largest percent decline on Wednesday after shares plunged around 22%. Since Tuesday, more than $3 billion has been shaved from the company's market cap, although the stock is still up roughly 130% from its September lows.