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Shares of Trump's Truth Social parent company plummeted more than 20% after disclosing a $58 million loss last year, wiping out over $1 billion from Trump's stake. The company raised doubts about its financial viability, with accountants warning of substantial doubt about its future.
Traders are scrambling to bet against Trump's social media company, even after short-sellers lost $100 million last month betting on a decline in the stock that never came. https://t.co/QkPSZ2NQ84
$DJT: What Are Investors Actually Buying? last week, a small float and a lot of retail interest sent shares of trump's new media company soaring into meme stock territory its market cap peaked at over $10B, but has since dropped to ~$6.75B as @jason lays out, investors should… https://t.co/B05HjeUzCz
'Daily Show' mocks Trump over Truth Social stock crash https://t.co/bv79nzaysv