Mary Trump just called B.S. on her crazy uncle’s latest stock market scam
Donald Trump‘s latest effort to line his pockets is imploding before it can truly start.The quadruple-indicted, twice-impeached, one-term, ex-president’s social media company debuted last week on the Nasdaq, and immediately saw its valuation soar to $6 billion.
But as it turns out, the splash was short-lived. As of Monday, the stock price for Trump Media & Technology Group had fallen by $4 billion.
Yikes!Trump has personally lost about $2.5 billion over the last seven days. Stay woke with our briefing while staying informed on all things LGBTQ+ entertainment, life, and more!Previously traded under a shell company, Truth Social is far from a success in the social media space.
The website generated just $4.1 million in revenue last year, including a paltry $750,000 in the fourth quarter. Contrastingly, Trump Media recorded a $58 million loss in 2023.
