Trump Media & Technology Group's ($DJT) stock dropped 14.56% on Thursday, the 20th, after the company announced that the SEC declared its registration of additional shares effective. The stock is down -37% over the past month. 

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A number of recent events have caused substantial swings in the company's stock, from the company's move informing Nasdaq executives it believed there was "naked short selling" of its stock to filings of intentions to issue millions of new shares and earnings reports that revealed substantial losses.

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The stock has fallen in all but two trading sessions since Trump was convicted on 34 counts of falsifying business records in a New York court on May 31.4.

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Trump Media shares fell 14.6% to close at $26.75 Thursday, their lowest point in more than two months. The company said in Tuesday's statement that all the warrants being exercised for cash could generate up to $247 million in proceeds, along with a further $40 million that has become unrestricted as a result of the registration statement being declared effective.