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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.
The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. ... As part of an agreement that runs until February 2025, Trump has ...
Trump currently owns about 60% of Truth Social, which means his stake is worth about $2.4 billion. He's been restricted from selling any shares because of a lock-up restriction, which are common ...
Here are my five predictions for the stock market in 2025 -- and which stocks will soar the most if they're right. 1. Artificial intelligence (AI) agents become the next big thing.
“Because Truth Social users help the frenzy, in part, so in that sense it is a meme stock,” Tiu said. “My own personal opinion is it has to be a bit of a meme stock,” Dunn said.
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 ...
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 ...
The user base of X, the social media network formerly known as Twitter, is more than 100 times bigger than Truth Social’s. Even Threads has 20 times more users than Truth Social, according to ...