Reported about 2 months ago
Donald Trump's social media company, Trump Media & Technology, has seen its stock prices fall to the lowest levels since going public in March. The shares plummeted by as much as 3.5% during recent trading, marking a 36% decline in just the past month, largely due to weak quarterly results and increased volatility. The platform, Truth Social, was launched post-presidency in 2022 and operates similarly to Twitter. The stock's performance has drawn comparisons to 'meme stocks' influenced by the sentiment of Trump's supporters.
Source: YAHOO