Trump's Truth Social Stock Plummets, Erasing Billions in Value

1 min read
Source: Fortune
Trump's Truth Social Stock Plummets, Erasing Billions in Value
Photo: Fortune
TL;DR Summary

Donald Trump's net worth has plummeted by over $2 billion in just one week as shares in Trump Media and Technology Group, the parent company of Truth Social, have plunged to their lowest level since its market debut. With the stock down 50% from its peak, the former President's stake has significantly decreased in value, raising concerns about his financial outlook. Additionally, the company's financial performance and lack of transparency have led to skepticism from investors and industry figures, while Trump faces mounting legal bills and a challenging political landscape.

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