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On Monday, shares of Trump Media - which makes its money exclusively through advertising on Truth Social - fell $13.30 to $48.66. But they are still up nearly 200% so far this year. Trump poised ...
April 30, 2024 at 10:30 PM. Brendan McDermid/Pool/Reuters. Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media ...
“It does not require a PhD in finance to come to the conclusion that the stock is wildly overvalued and is almost certain to fall in price.” Trump Media recently reported losing $58 million in ...
DWAC stock has been largely stuck in neutral for the past year, trading in the $13-$17 range. About a month ago, it began to climb sharply, much like a meme stock, more than doubling its price in ...
Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company's stock and the higher cost of borrowing its shares, analytics firm S3 Partners said.
Donald Trump could get a financial lifeline of billions of dollars as Truth Social's parent company is set to start trading on the Nasdaq. Trump's media stock will start trading Tuesday. Here's ...
Trump’s net worth sank by $1 billion after Truth Social’s parent stock fell 21.5%.
Even though Trump Media is losing money and Truth Social is very tiny, those new shares Trump is in line to receive would be valued at about $1.3 billion at current prices.