The stock linked to former President Donald Trump's social media company
CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business
CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business
CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business
Over the past few months, Donald Trump has sold golden sneakers, patriotic Bibles, pieces of the suit he wore when getting a mugshot, and a new collection of NFT cards for those who didn’t lose enough on the previous round of Trump NFT cards. Trump doesn’t make these things—the Bible sales are out of inventory that has been around for years, the shoes and cards are something he sticks his name on for a hefty percentage—but just about anything goes when trying to fill the money pit left by $100...
Donald Trump said today that if he is elected POTUS, abortion rights should be left to the states, as reported by CNN. For once, he gave a clear stance on a hot-button issue across politics in America. “My view is now that we have abortion where everyone wanted it from a legal standpoint, the states […] The post Trump Clarifies His Stance on Abortion Rights in Video Posted on Truth Social first appeared on The Source.
Even after bragging about his assets and businesses got him in legal
Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his “whole nest egg,” he said. That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $32 on...
Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his “whole nest egg,” he said. That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $32 on...
With share prices falling, key players at Trump Media & Technology Group will still stand to have good payday
Source: NurPhoto / Getty A new report revealed that the Truth Social platform of Donald Trump managed to stay afloat due to a Russian banker being federally investigated. After Truth Social, the social media network owned by former President Donald Trump went public last week (and promptly lost some value after its initial public offering), new information showed that it almost went under in 2022 if not for receiving emergency loans. But one of those loans from a Russian-American businessman...
‘Maybe you dreamed this one during one of your court siestas, I don’t know’