Trump’s stock tumbles again after Truth Social announces it’s getting into streaming


by KIFI

KIFI— 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

Daily Mail—Scranton Joe tells his hometown why the U.S. should FIRE Mar-a-Lago Don: Biden condemns Trump's Apprentice lines as he rips rival for inheriting wealth and tanking Truth Social stock. President Joe Biden returned to his birthplace of Scranton, Pennsylvania on Tuesday. 'When I look at the economy I don't see it through the eyes of Mar-a-Lago. I see it through the eyes of Scranton,' Biden argued. He ridiculed former President Donald Trump for his financial woes and said Trump's tagline, You're Fired, 'wasn't entertainment it was a nightmare'

Raw Story—Trump Media stock plummets after big streaming service announcement: analysis. Trump Media & Technology Group stock took another tumble this Tuesday after it was announced that the company would be launching a new streaming platform. The stock, which traders under ticker DJT, fell 14 percent after a press release went out announcing the streaming service would come to phones, tablets, and TV through the Truth Social app, Yahoo! Finance reported. "The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content...

TechCrunch—Trump's Truth Social plans to launch a live TV streaming platform. The streaming service will launch in three phases and will focus on "news networks" and "religious channels," as well as "family-friendly" offerings. © 2024 TechCrunch. All rights reserved. For personal use only.