Ardent supporters of Donald Trump have been encouraging others to buy shares of Trump Media & Technology Group, the parent company of the former president's social media platform Truth Social, after he was convicted in his hush money criminal case.

Donald Trump Supporters Urge Others to Buy Truth Social Shares

Following Trump's felony conviction on Thursday, a Truth Social user posted, "@Buy $DJT!!!," while another user wrote: "With Trump owning a majority stake of DJT, the most direct way to support him is to buy the shares and help increase the value."

According to NPR, the call to action from Donald Trump's supporters comes at a critical time. He is dealing with multiple legal issues while actively pursuing a presidential campaign.

On Friday, Trump Media's stock saw an initial 15% rise, only to drop 6% by the afternoon. This fluctuation followed an after-hours decline on Thursday when a New York jury found Trump guilty of 34 counts of falsifying business records to conceal a payment made to porn star Stormy Daniels before the 2016 election.

READ NEXT: Trump Media's Shares Saw an Increase Following Donald Trump's Hush Money Charges

Truth Social Shares Volatile 

Trump Media's stock, trading under the ticker DJT, rose over 50% on its debut on March 26. However, the surge was short-lived, as its subsequent trading days witnessed a steady decline in its stock price.

Its price soared as high as $79.38 on March 26 but quickly dropped to $66.22 the next day. Since its peak in late March, trading in Trump Media has been incredibly volatile.

Recently, Trump Media's stock has been performing better than many experts anticipated due to the hundreds of thousands of small investors who bought it, especially after his conviction.

Many of these investors are reportedly die-hard supporters of Trump, and after his conviction, they urged one another to purchase more Trump Media shares and to hold them, as seen in the group for Trump Media shareholders in Truth Social, which has over 11,000 members.

READ MORE: Donald Trump Urges His Followers to Support Truth Social as Its Parent Company's Stock Continues to Dive