The stock of Trump Media & Technology Group (TMTG) has suffered a massive price drop in recent trading days. On Tuesday, the price fell by 6.6 percent to $16.14, following a loss of over 53 percent in the last three months. The decline continued on Wednesday. The reasons behind this are concerns about possible sales of Donald Trump's shares and a burdensome court ruling.

Donald Trump holds 114.75 million shares according to "CNBC," which make up about 57 percent of TMTG's capital. The fear that Trump might sell his shares is causing nervousness among shareholders, as such a sale could further depress the stock price. Although there are currently no concrete signs of a large-scale sale, the uncertainty remains.

Additionally, a ruling from a Delaware court exacerbates the situation. Trump Media has been accused of breaching an agreement with investor ARC Global. The court decided that ARC is entitled to more shares than originally stipulated. This could further pressure the stock price, especially if ARC and other investors decide to sell their shares after a lock-up period expires.

TMTG also faces significant financial challenges. The recent quarterly report shows net losses in the millions and only minimal revenues. Analysts note that the company is increasingly becoming a political proxy for Trump's presidential campaign, adding an additional dimension to the stock's performance.