Share prices of Donald Trump's company Truth Social close at new low

Share prices of the parent company of Donald Trump's social media platform Truth Social reached a new low on the first day of the Democratic Party Convention.

Trump Media & Technology Group closed at $22.24 on Monday, down 3.56% from its previous close and its lowest close since the company went public in March. Its last lowest close was $22.84 on April 16, the second day of Trump's New York criminal trial, where a jury found him guilty on 34 counts of falsifying business records.

Trump Media, which trades under the ticker symbol DJT, has seen its share price fall almost steadily since mid-July. The new low comes at a time when the Trump campaign is struggling to gain traction against the new Democratic candidate, Vice President Kamala Harris. Earlier this month, the company reported losses of more than $16 million and revenue of less than $1 million in its second fiscal quarter.