[Trump Media & Technology Group CEO Resigns, Company Stock Down Approximately 90% from Historical High] According to Bloomberg, Devin Nunes, CEO of Trump Media & Technology Group, resigned on Tuesday evening local time, with Kevin McGurn stepping in as interim CEO. The company's stock price once surged to $97.54 in early 2022 but has since plummeted approximately 90%, dropping to $9.73 on Wednesday, with a market capitalization of about $2.7 billion. The company's annual revenue is only $3.7 million, while losses amount to hundreds of millions of dollars. Trump Media is the parent company of Truth Social. Despite Trump leveraging the platform to influence global markets, the company's expansion into prediction markets, cryptocurrency, investments, and even nuclear fusion has failed to sustain retail investor interest.