The Damage Report
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Trump PLUMMETS As Truth Social Abandoned In Sudden Death Spiral
Posted
September 29, 2024
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351,315
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September 29, 2024
351,315
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5:46Now PlayingDonald Trump gets rocked by disastrous financial news as the two original co-founders of Truth Social completely abandon their company to the last of their stock, proving their belief it will only get financially worse. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
Trump Media cofounders just dumped almost all of their stock
"Two of the original cofounders of Donald Trump’s Truth Social platform have cashed out their stock amid an ongoing feud with the former president.
According to a regulatory disclosure published by Trump Media and Technology Group (TMTG) on Thursday, an investment vehicle controlled by Andrew Litinsky and Wesley Moss liquidated the bulk of its nearly 7.53 million shares that would currently be worth roughly $100 million based on the stock’s last closing price.
“As of the date of this filing, United Atlantic Ventures LLC owns 100 shares,” the statement said."
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