SoapZone Community: Politics Message Board
| Subject: | Trump takes near-$4 billion hit on Truth Social since May |
| From: | Kitchop    |
| Date: | Fri, 06-Sep-2024 11:58:59 AM PDT |
| Where: | SoapZone Community: Politics Message Board |
| In reply to: | September Politics Post! ~ 🍁 posted by Andrea |
More sad news. 😜 Trump and his minions are, of course, blaming Kamala. But brilliant businessman Trump started posting more on X, his tanking Truth Social’s biggest competitor. Art of the deal, LOL.
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“The value of Donald Trump's Truth Social stake has tanked by about $4 billion since May….The former president owns about 115 million shares of Trump Media & Technology Group, Truth Social's parent company. It went public in March after merging with a special-purpose acquisition vehicle….TMTG shares hit an intraday high of $79 on their market debut and traded at about $54 on May 9, but they've crashed 68% since then, hovering around a record low of about $17….”
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