Trump’s stock tumbles again after Truth Social announces it’s getting into streaming
by KTVZ
KTVZ— 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
@HipHopWired—Jig Dropping: Trump’s Truth Social Stock Drops 50%, Seeks To Issue More Shares. Source: The Washington Post / Getty The value of shares in Trump Media, the parent company of Truth Social, has been cut in half since being available on the public trading market. According to reports, shares of Trump Media & Technology Group, the company that operates the Truth Social social media network, closed at $32.59 Friday (April 12). Despite a late rally, the price reflects a 50% drop from its original peak closing price of $66.22 when it was first made available for public trading on...
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'
Daily Kos—Truth Social’s value plummets again, but Trump is likely unbothered. 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...