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The Truth Social stock remains wildly overvalued. Former president Donald Trump speaks to the media during a pre-trial hearing on March 25, 2024 in New York City.
“Because Truth Social users help the frenzy, in part, so in that sense it is a meme stock,” Tiu said. “My own personal opinion is it has to be a bit of a meme stock,” Dunn said.
Truth Social largely follows the same format as X, formerly Twitter, and has about 2 million active users, although claims vary according to difference sources. Mr Trump is the majority shareholder.
Truth Social. Truth Social (stylized as TRUTH Social) is an alt-tech [ 4][ 5][ 6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [ 7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. The former president founded Truth Social after he was kicked off major social media apps like Facebook and ...
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 ...
The social media platform is poised to go public via SPAC at a $6 billion valuation as former President Donald Trump’s supporters pump money into its stock.
March 25, 2024 at 10:59 AM. Charly Triballeau. Donald Trump's media company is set to make its debut on the stock market Tuesday, a development that could generate a windfall for the cash-strapped ...