Former President Donald Trump’s latest business venture is continuing its rapid descent since the debut of its initial public offering (IPO) in late March. The stock’s slide has also significantly impacted the net worth of its majority stakeholder. Ever since trading at a high of roughly $80 per share, the Trump Media and Technology Group (TMTG) stock, which is trading on the Nasdaq Composite using the former president’s initials $DJT, closed on Friday afternoon at $40.42 per share according to CNN. That marks a new record low for the stock as investors continue to sour on the parent company o…