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