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“The stock price of Truth Social is unconnected to the reality of the financials of the firm. In the first quarter of 2024, the firm lost $327 million on revenues of only $770,500. These aren ...
Donald Trump's Truth Social is now worth more than Elon Musk's X, thanks to a recent run-up in the shares of the parent company of the former president's social media platform. Trump Media ...
Trump Media, the parent company of Trump’s Truth Social Network, was trading at $16.98 at closing on Wednesday, down more than 78 percent from the stock’s March high of $79.38 per share.
The owner of Truth Social fell last week to the lowest level since it went public in late March. The value of Trump’s stake in the company has fallen sharply, going from $6.2 billion on May 9 to ...
Shares of Trump Media & Technology Group , the parent company of Trump's social media platform Truth Social, rose 16% on Tuesday during the stock's first day of trading under its new ticker ...
The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. ... A stock’s price is supposed to rise and fall with its ...