Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

struggle4progress

(126,443 posts)
Fri Apr 12, 2024, 12:57 PM Apr 2024

Some investors have already lost half their money [View all]

By Matt Egan, CNN
Updated 12:30 PM EDT, Fri April 12, 2024

Shares of Trump Media & Technology Group are in free fall.

The Truth Social owner’s share price dropped another 5% as of mid-day Friday, leaving it on track for a seventh losing day out of the past eight ,,,

Trump Media is now trading below $31. That’s a far cry from the intraday spike to nearly $80 on March 26, the day it went public on the Nasdaq under the ticker symbol “DJT.”

In fact, anyone who bought Trump Media at the closing high of $66.22 on March 27 has now lost more than half of their money ...

https://www.cnn.com/2024/04/12/business/trump-media-stock-truth-social/index.html

24 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Greene won't say what happened to her Trump Media stock struggle4progress Apr 2024 #1
...down "45" percent Qutzupalotl Apr 2024 #8
The poor dopes who took stock options in lieu of salary C_U_L8R Apr 2024 #2
Depends when they they vest and when they sell..... getagrip_already Apr 2024 #5
My heart bleeds for them. Ocelot II Apr 2024 #3
HaHaHaHa😹😹😹 we can do it Apr 2024 #4
Given That The Last Time It Was Lower Than Today... ProfessorGAC Apr 2024 #6
Tots and pears durablend Apr 2024 #7
None of them believed us ..... Delmette2.0 Apr 2024 #9
It's still way over value SouthernDem4ever Apr 2024 #10
Trump Media price is like Trump's penis. Ping Tung Apr 2024 #11
Oh my god! Glamrock Apr 2024 #12
Disclaimer Ping Tung Apr 2024 #13
Or... Ponietz Apr 2024 #20
Supposedly it is the "most shorted" stock on NASD. eggplant Apr 2024 #14
fools and their money are soon parted . how true. AllaN01Bear Apr 2024 #15
From a chart perspective... orwell Apr 2024 #16
A scam we're witnessing in real time: Ponietz Apr 2024 #17
Weo weo now dive, dive. oasis Apr 2024 #18
A really dumb investment PatSeg Apr 2024 #19
And anyone who bought that stock "on margin" (borrowing from the broker) at anything more than 1:1 Wednesdays Apr 2024 #21
imagine believing the valuation given by a person literally convicted in civil court of overvaluing things Takket Apr 2024 #22
Half down, half to go Kennah Apr 2024 #23
suckers! nt ecstatic Apr 2024 #24
Latest Discussions»General Discussion»Some investors have alrea...