"Trump's Truth Social Stock Plummets, Investors Lose Billions"

1 min read
Source: Futurism
"Trump's Truth Social Stock Plummets, Investors Lose Billions"
Photo: Futurism
TL;DR Summary

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.

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