"Trump Media's Stock Rollercoaster: Truth Social's Turbulent Debut and S&P 500's 10% Gain"

Trump Media and Technology Group's stock price surged following its SPAC merger, but the company's revenue is minimal and it has incurred significant losses. The company's flagship product, Truth Social, has limited user engagement compared to major social media platforms. Similar conservative SPAC-backed ventures have struggled to achieve sustained profitability. Despite potential interest from meme-stock investors, the company's long-term success is uncertain, leading to skepticism about its stock performance.