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The Truth Social stock remains wildly overvalued. Former president Donald Trump speaks to the media during a pre-trial hearing on March 25, 2024 in New York City.
Donald Trump’s Truth Social platform has filed a lawsuit against 20 media organisations for making what it claims to be defamatory statements about the company’s financial losses.
Truth Social’s parent company lost almost $23m (£18.7m) in the first half of this year alone, according to a new securities filing that raises concerns about its “ability to continue”.
Trump Media & Technology Group, the Truth Social owner controlled by former President Donald Trump, recently filed a lawsuit against two of its co-founders seeking to eliminate their stakes in the ...
The parent company of Trump’s social media platform, Truth Social, trades under the ticker symbol DJT (also the former president's initials); Wall Street gives it a market valuation of nearly $8 ...
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 ...
Trump’s Truth Social warns company may be forced to shut down amid huge losses. Donald Trump’s social media app Truth Social’s logo on a smartphone in February 2022 (AFP via Getty Images ...
Trump Media and Digital World first announced their merger plans in October 2021. In addition to a federal probe, the deal has faced a series of lawsuits leading up to Friday's vote. Truth Social ...