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vegeta@lemmy.world to News@lemmy.world · 10 months ago

Trump Media plummets 10% as post-lockup selloff picks up steam

www.cnbc.com

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Trump Media plummets 10% as post-lockup selloff picks up steam

www.cnbc.com

vegeta@lemmy.world to News@lemmy.world · 10 months ago
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Donald Trump is the majority owner of Trump Media, which owns social media platform Truth Social and trades as DJT on the Nasdaq.
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  • Samvega@lemmy.blahaj.zone
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    10 months ago

    Plummet 100% please.

    • Coach@lemmy.world
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      10 months ago

      DJT is down 70% over the past 6 months. Well on its way to 100%, if you ask me.

      • Samvega@lemmy.blahaj.zone
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        10 months ago

        LET’S GO!!!

    • NegativeInf@lemmy.world
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      10 months ago

      Pennies on the dollar please.

  • RagingSnarkasm@lemmy.world
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    10 months ago

    Sounds overpriced.

    • ripcord@lemmy.world
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      10 months ago

      It’s lower than when it launched, but is still overvalued by at least 1200%.

  • foggy@lemmy.world
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    10 months ago

    Oh that’s beautiful. It’s actually been a pretty good week for tech considering there was a pretty bad couple of days last week.

    Trump’s stock is almost the lowest it’s ever been. It’s lower than the IPO price.

  • Bob Robertson IX@lemmy.world
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    10 months ago

    I’m loving the juxtaposition of the headlines:

  • acosmichippo@lemmy.world
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    10 months ago

    so not only is the stock plummeting, it means the employees there have no confidence in the company whatsoever lol.

  • Mister Neon@lemmy.world
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    10 months ago

    I should have shorted it.

    • IMongoose@lemmy.world
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      10 months ago

      I thought about it but decided it wasn’t a good idea to use logic on a stock powered by vibes / fraud. “The market can stay irrational longer than you can stay solvent” and all.

    • MagicShel@programming.dev
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      10 months ago

      If I hadn’t been out of work for months, I’d have started an account just to short it. It’s rare to find such a sure bet.

  • Zerlyna@lemmy.world
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    10 months ago

    🍿🤣

  • LEDZeppelin@lemmy.world
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    9 months ago

    deleted by creator

  • ChicoSuave@lemmy.world
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    10 months ago

    “The invisible hand of the market slaps Trump like a bitch. More at 11…”

  • BarqsHasBite@lemmy.world
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    10 months ago

    Well of course he was going to sell.

  • nemonic187@lemmy.world
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    10 months ago

    Taking everyone to the poor house with him.

  • stoly@lemmy.world
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    10 months ago

    It sounds like the stock based just on the lockup ending rather than from heavy selling.

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