Trump Media Stock Rollercoaster: From Free Fall to Greenlight for Public Offering
TL;DR Summary
The stock price of Donald Trump's social media company, Trump Media & Technology Group, has plunged to a three-month low, reaching $22.84 per share, down from its debut high of $78. Concerns about the company's value have been raised, with experts noting the need for Truth Social to attract more users and advertisers to increase its worth. Amidst this, the company's CEO, Devin Nunes, has announced plans to incorporate TV content into the platform. However, with Trump facing legal challenges, including a criminal trial and a hush-money trial, his focus may be elsewhere.
Topics:business#businessfinance#donald-trump#social-media#stock-market#trump-media-and-technology-group#truth-social
- Donald Trump's Stock Price Plunges to Three-Month Low Newsweek
- Trump’s stock tumbles again after Truth Social announces it’s getting into streaming CNN
- Trump Media shares rise more than 13% after days of declines CNBC
- Trump Media's stock free fall has lost former president $3.33 billion Business Insider
- Trump's social media company gets the greenlight to go public The Associated Press
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