The Damage Report
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Trump PLUMMETS As Truth Social Stock Nosedives In Real Time #TDR
Posted
April 2, 2024
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8:17Now PlayingDonald Trump's net worth plummets by over $1 billion as he is locked into stock shares with nosediving Trump media company of Truth Social following a SEC report. John Iadarola and Abelina Sabrina break it down on The Damage Report.
Read more here:
Trump’s Net Worth Drops By Over $1 Billion As Social Media Company’s Stock Tanks
"Former President Donald Trump saw his net worth plummet on Monday as his shares of his social media company tanked after a report showed the platform lost $58 million in 2023. As a result, Forbes tracked Trump’s net worth as dropping by 15.5 percent as he lost some $1 billion.
Trump Media, which trades under DJT, closed at $48.66 on Monday after sliding a massive 21.47 percent. The company’s stock peaked last Tuesday at $79 as it first began to trade publicly – since then the company has lost some 35% in value.
Fox Business’s Charlie Gasparino explained earlier in the day why Trump Media is a bad bet for stock buyers."
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