Trump Media stock dropped by $1 this morning at the opening bell of the stock market.
That’s despite the company announcing the beginning of streaming on their video platform on the Truth Social app.
According to a press release, “TMTG plans to expand programming as its streaming rollout continues, focusing on news, Christian content, and family friendly content.”
Much mocked former congressman Devin Nunes, a long time Trump supporter, runs Truth Social.
Wall Street so far does not seem excited about this news. Trump Media stock has been in a straight decline for more than two weeks. Trump’s latest racist blatherings are not turning out well for business.