Saturday, September 7, 2024

Trump Media Stock Dropped 6.4% Today In Week Long $15 Skid Since Monday

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Trump Media stock had a week long price drop that never recovered.

On Monday, Trump Media zoomed to $46 after the weekend assassination attempt.

But that didn’t last long. Every day since then the stock price has declined. Today it fell another 6.4% and finished just around $35.

In other words, last night’s crazy rambling speech full of lies didn’t do anything to help his cause. The price is back where it was on April 23rd. It rose in May but now it’s down again.

Where are the investors who are excited about ‘the new Don’? The soft spoken 34 time felon and rapist should have seen a spike this week, but instead, it was all for naught.

Meantime, TruthSocial.com, which is supported by Trump Media, continues to spew hate. All the posters there are concerned with is informing each other how much they hate Biden and the Democrats. There is nothing of any substantial value.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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