Trump’s ‘Truth Social’ Stock Plummets: Now Worth Less Than Half its Value in Just Two Weeks
Former President Donald Trump’s stock market bet with Truth Social has gone south, leaving early investors with half their money gone as shares plummeted below $32. Executives are laughing their way to the bank, while chaos within Trump Media fuels the decline. Legal battles and insider-trading scandals further tarnish the company’s reputation. Analysts warned against investing in Trump’s meme stock, as documents reveal minimal revenue and massive losses, suggesting a get-rich-quick scheme benefiting only a few.