"Trump's Truth Social Stock Plummets, Investors Lose Billions"
TL;DR
Trump's Truth Social stock has plummeted to just above $32, less than half of its value two weeks ago, causing early investors to lose half their money while the company's executives profit. Trump's personal stake of 78.8 million shares has dropped, wiping out over a billion dollars of his net worth. Inner turmoil within Trump Media, including a lawsuit and an insider-trading scheme, has contributed to the stock's decline. Analysts have long advised investors to stay away from Trump's meme stock due to the chaos and the company's poor financial performance.
- Trump's "Truth Social" Stock Has Crashed So Hard It's Worth Less Than Half of What It Was Two Weeks Ago Futurism
- Some Trump stock investors have already lost half their money CNN
- Trump tries to boost support for Truth Social as DJT stock tanks CNBC
- Trump’s media company loses a third of value after initial surge in trading The Guardian US
- Trump Media shares end week down nearly 20%, losing billions in market cap NBC News
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