Truth Social-Linked Stock Falls 13%—Donald Trump’s Stake Down $2 Billion From Peak

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Shares of former President Donald Trump’s social media company fell precipitously Monday after the company revealed its latest financial results, predictably well below what a typical multibillion-dollar company would deliver.

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Everything I touch turns to chet. Believe me. I lose bigly. Big time.

Diaper-Don
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They lost 48 million last year and is continuing to lose users, it was always a meme

gamemaster
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The House of Cards collapseth on itself.

timtwoface
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This might be a new record for Dump $2.5 billion lost in 1 day!

donk
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Now down to $46… it’s in free fall as per Forbes

tommyshanks
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Its a worthless meme stock. You buy low, ride the hype for couple days and then sell. I feel bad for the clowns who bought this at 73.😃😃😃

Jacksapeon
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As if trump was going to cash out in six months…. he’d have to pay taxes on it (that’s not part of the trump playbook).

marcusgarvey
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He should stick to selling running shoes and Bibles.
True Social isn't worth a dime.
Pump and dump.

djsmithe
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Wrath of Jack Smith, Letitia James, Alvin Bragg, Faini Willis🦅🇺🇸 coming soon, unstoppable, unbeatable, unbowed, and unbroken.

yepyep
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Colorado-based BF Borgers CPA PC, is the company that performs the audits for Trump Media. The issued a warning that Trump Media's "operating losses raise substantial doubt about its ability to continue as a going concern." It should be trading on a penny stock market.

PrometheusZandski
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The company is probably worth at best $50m any other figure is based on wishful thinking.

presterjohn
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Lmfao!
Someone can’t do math…. Trump’s stake was $4 billion…. A loss of 13% doesn’t equal $2 billion…😂😂😂

KeepItReal
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Come on MAGA…Put a second mortgage on your house, cash out your 401(k), pull everything out of savings, including for college and buy DJT stock.
Invest in TRUMP! Invest in MAGA! Buy red hats, bibles and gold sneakers for our’s and the Country’s future!

stevens
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Trump should have named it Lie Social, would have been more fitting 😂

enoznom
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And it will keep falling. It’s even more overvalued than Tesla. Trump and dump

Idontknowwhatswaitingforme
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Well here’s classic Trump -what did he just say last week? “It’s doing really well”?
Yeah $750, 000. In revenue last quarter and about $50 million in losses for the year. How do you know Trump is lying? His mouth is moving.

John-sro
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LOL! And in 6 months (when he can sell) it will be worth much less!

Dan-scus
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sell sell sell sell sell sell sell! Does Trump actually own any of the shares?

billwebb
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Twill fall further further further thee down

bouncyfun
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Best news of the falling and when it hits 10 cents I will take 1 share.

arlojohnson