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“The stock price of Truth Social is unconnected to the reality of the financials of the firm. In the first quarter of 2024, the firm lost $327 million on revenues of only $770,500.
The former president founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump ...
In this photo illustration, Republican presidential candidate former President Donald Trump's social media platform Truth Social is shown on a cell phone on March 25, 2024 in Chicago, Illinois.
The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.. Their value ...
Former President Trump attempted to take credit for insulin pricing in a Saturday post on Truth Social. “Low INSULIN PRICING was gotten for millions of Americans by me, and the Trump ...
Truth Social (stylized as TRUTH) is an alt-tech [7] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by U.S. president Donald Trump. [8] It has been called a "Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an alternative to Twitter and ...
It also marked the sixth straight day of heavy selling in Trump Media and Technology Group (TMTG), the parent of Twitter clone Truth Social, after a very brief respite when Trump told reporters he ...
Trump Media, the parent company of Trump’s Truth Social Network, was trading at $16.98 at closing on Wednesday, down more than 78 percent from the stock’s March high of $79.38 per share.