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April 17, 2024 11:47 am GMT
Original Link: https://boingboing.net/2024/04/17/trump-medias-stock-price-slumps-another-14-but-hes-still-set-to-make-a-fortune-dumping-it.html
Trump Media's stock price slumps another 14%, but he's still set to make a fortune dumping it
Trump Media fell 14% yesterday, part of an ongoing slide that's seen the company lose a third of its stock price in days and wiping out the gains of investors who led it to a spectacular valuation just weeks ago. Unreal from the outsetit amounts to Truth Social, an off-the-shelf Twitter clone for Trump fans with no revenue or prospects for user growthat one point Trump Media had a market cap of $8bn. — Read the rest
The post Trump Media's stock price slumps another 14%, but he's still set to make a fortune dumping it appeared first on Boing Boing.
Original Link: https://boingboing.net/2024/04/17/trump-medias-stock-price-slumps-another-14-but-hes-still-set-to-make-a-fortune-dumping-it.html
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