Donald Trump experiences ups and downs on the inventory market with Truth Social | EUROtoday

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Donald Trump is experiencing a curler coaster trip along with his new listed firm: The share value of the Trump Media & Technology Group, which he controls, fell by greater than 20 p.c on Monday after it reported low gross sales and excessive losses for the previous 12 months. On Tuesday, the share value was barely larger after the beginning of buying and selling.

Trump Media is the dad or mum firm of Truth Social, the net platform that the previous American president based in 2021 as a sort of reply to Twitter (now: X). Trump Media shares went public final week. At first there have been enormous value jumps. The market capitalization at instances approached the $10 billion mark. After the latest value losses, it’s now round $6.5 billion. This can also be a really beneficiant valuation contemplating Truth Social's low gross sales to this point and manageable person numbers.