"Trump's Truth Social Struggles as Media Stock Tanks"

TL;DR Summary
Donald Trump urges his followers to support his social media app Truth Social as its parent company's stock continues to decline, with the stock price falling more than 50% since its debut. Despite the stock's slide, Trump Media still boasts a market capitalization of over $4.2 billion, and Trump, who owns over 57% of the company's stock, is poised to reap a financial windfall. The company's CEO, former Republican Rep. Devin Nunes, has suggested plans to add video streaming capabilities to Truth Social and make it a hub for "canceled" channels and documentaries, but neither Trump's posts nor Nunes' claims have yet to halt the stock's decline.
- Trump tries to boost support for Truth Social as his media stock tanks CNBC
- Some Trump stock investors have already lost half their money CNN
- Sell Trump Media Stock (DJT) Now - An Implosion Is Likely Forbes
- Trump Media stock erases all gains since it began trading as shares fall another 11% Monday NBC News
- Truth Social Losses Deal Humiliating Blow to Trump's Biggest Brag The New Republic
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