Truth Social Stock Is Crashing Even Though Trump Won

Quick Summary:

Post Election Clarity Shares of president-elect Donald Trump's social media meme stock are plummeting — despite an incisive election victory this week.

The value of Truth Social owner Trump Media & Technology Group shares plunged on Thursday, dropping an astonishing 20 percent and wiping out any gains incurred in the week leading up to the election.

Has Trump's return to the competing platform spooked his own investors?

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Article Details

Author / Journalist: Victor Tangermann

Category: Technology

Markets: United States

Topics: The digest Future Society Truth social Donald trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 16:18:17 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 372 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 23463490

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About Futurism

Main Topics: Technology

Official Website: futurism.com

Update Frequency: 11 posts per day

Year Established: 1997

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

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Publisher ID: #68

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