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Business Failures

All articles tagged with #business failures

"SEC Approval Sends Trump's Truth Social Stock Soaring"
business2 years ago

"SEC Approval Sends Trump's Truth Social Stock Soaring"

Donald Trump's Truth Social platform is set to go public through a merger with Digital World Acquisition Corp, but the stock's soaring value is raising concerns due to Trump's history of business failures and bankruptcies. The stock-market prospectus for Truth Social warns investors about the high-risk nature of the venture and highlights Trump's track record of failed businesses. Additionally, the prospectus reveals that Trump is not obligated to use the social-media site much, if at all, to communicate with the public, potentially leaving investors with little control over the company's future.