News • 4 months ago

Trump Media plummets 10% as post-lockup selloff picks up steam

cross-posted to:
politics

351

Trump Media plummets 10% as post-lockup selloff picks up steam

News • 4 months ago

cross-posted to:
politics

Donald Trump is the majority owner of Trump Media, which owns social media platform Truth Social and trades as DJT on the Nasdaq.

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@RagingSnarkasm
link
28•4 months ago
Sounds overpriced.
- @[email protected]
  link
  fedilink
  12•4 months ago
  Book value per share is around $1.50. However, they don’t make any profit so the actual value of the company is considerably less. In my opinion, not financial advice.
- @ripcord
  link
  5•
  edit-2
  4 months ago
  It’s lower than when it launched, but is still overvalued by at least 1200%.

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