$Trump Media & Technology (DJT.US)$ why is this down?

DrC 504 : Offering

Mod Tanyatorn : They did offering of 37million shares. Dilution the price will be going down even more.

Wardogone11 : Because it’s a scam stock

Zwaisy : offering

Dennis Takizawa Hide Wardogone11 : From the 1st day it was listed, opening at $10 and close $90++. Day 2 rip up to $175 and within mins drop back $50. I didn't dare trade. It's basically a pump and dump speculative stock. If you are unlucky with be bag holding it. Good luck