Donald Trump Sues New York Times, Sends NYT Stock Down 2% () program details. Reviews, Scam or Paying

US President Donald Trump has announced his plans to sue the New York Times, a decision that sent the newspaper’s NYT stock down on the market. NYT shares ended Tuesday’s trading session down 1.5% after Trump announced the $15B defamation lawsuit. Trump alleges that the paper serves as a “mouthpiece” for the Democrats and pits himself against one of the world’s oldest and most prominent news organizations.

The suit claims Trump was harmed by the 2024 book and by three Times articles that were published leading up to the 2024 election, which he won. In the complaint, filed Monday in federal court in Tampa, Florida, Trump claims the book and articles are part of a “decades-long pattern by the New York Times of intentional and malicious defamation” against him. The suit raises numerous disputes with the Times, including its “deranged” front-page endorsement of former Vice President Kamala Harris in the 2024 election, that are not included in his legal claims.

Trump Lawsuit Sends NYT Stock Down

In a Truth Social post announcing the suit, Trump accused the paper of a “decades-long method of lying about your Favorite President (ME!), my family, business, the America First Movement, MAGA, and our Nation as a whole.” “Defendants simply ignored their breach of journalistic ethics because the Book and the Articles would further the goals of the New York Times and its backers in the Democrat Party,” he added in the suit.

The New York Times said in a statement that the lawsuit “has no merit.” “It lacks any legitimate legal claims and instead is an attempt to stifle and discourage independent reporting,” a spokesperson for the Times said Tuesday. “The New York Times will not be deterred by intimidation tactics.” Still, investors seemed concerned and sent the shares down in a rare move.

Also Read: Apple (AAPL) Stock Forecast: Will New iPhone Boost it to $300?

Indeed, the New York Times’s shares are not very volatile and have only had 6 moves greater than 5% over the last year. Today’s dip reveals that investors consider this news meaningful, and could bleed into NYT stock over the next days if the lawsuit snowballs. The New York Times (NYT) is up 10% on the stock market since the beginning of the year. At $57.54 per share, it is trading close to its 52-week high of $61.95 from August 2025.

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