Trump-and-dump: Why supporters ditched Trump's social media stock

Опубликовано: 16 Октябрь 2024
на канале: The Economic Times

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Donald Trump's social media company, Truth Social, initially saw a surge in its stock price when it went public. However, the parent company disclosed financial struggles, causing its shares to drop by 21%. As a result, Trump's net worth also fell by $1 billion, given his 57% stake in the company, now worth $4 billion.

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