It’s not a good morning at Trump Media.
The stock price for Donald Trump’s Truth Social is crashing again, falling more than 5.5% in the opening hour of trading.
Trump Media is down to about 30 bucks. The price went off a cliff at the opening bell.
Reasons? For one thing Truth Social has turned from a Biden and judge bashing site into pure hate and racism against Kamala Harris. The posts are frightening, and telling: why would anyone invest in such misery?
Second, Trump seems to be waffling on his VP choice, JD Vance. There’s a feeling that Vance can’t do the job after making such a horrendous impression in his early speeches. If Trump is up against Kamala Harris and one of four different mid western, experienced governors or senators, what does Vance offer? Could Trump replace him?
Every day, the Trump Media graph looks like someone with a dying EKG or a tree being chopped down. Ouch!