Shares of the parent company of Truth Social, which have traded like a proxy for former President Donald Trump’s election prospects, set a new low for the year. Judging by trading in shares of his social media company wall Street is giving a thumbs down to former President Donald J. Trump’s debate performance. Liberal and conservative political commentators have said Harris appeared more prepared, articulate and even-keeled than Trump, who repeatedly bit on bait that she tossed to throw him off topic. Harris’ team, projecting confidence, challenged Trump to another debate right after the first one ended. However, Trump claimed that she was “beaten badly” and that was the reason for the request. As you can see by DJt's stock price I think we can all agree Trump was in fact beaten and looks weak.
The disastrous performance of this stock has finically ruined many Trump supports as this stock reached their lowest level since the money-losing company went public in March. Trump, who owns about 57% of the company’s stock has a lock up period which is set to expire on Sept. 19. Trump’s shares were worth a just under $2 billion at the market’s close on Wednesday and have continued to tumble. The falling share price has reduced the paper value of his stake in recent months by about $4 billion.
However, there is still some value left for him to extract and I expect that he will be liquidating share as soon as possible which will lead to additional loses for his supporters.
Posted Using InLeo Alpha
This market is driven by news, wrong news is not good
I think DJT is a pump and dump that we are seeing real time
Yes
Well these types of things are easily affected by the news factor and who knows whether it is even true or actually false self
Yes there are many factors, but it's still crazy to watch all this unfold.
We might really be heading for a massive decline in the market but well let's see how it goes
I think DJT stock will dump if he looses.
Yeah but well let's see how it goes
Stocks go up and down. I wonder if it will affect people's choices. I just have the feeling that everyone is so polarized on politics though. I think Harris did better than I expected and Trump disappointed a bit, but overall, I just don't like how Trump wants to skip out on another debate. It's best to air it all out for people to see.
It's crazy to see what has happen now a days. Harris did better hands down. I'm not Trump fan, but recently his actions have gotten worse and he just looks like a crazy old man who is a sore loser
Trump's share price may upset his fans, which could affect the upcoming election.
It could
Sounds like fake news to me. 😃 It's been crazy listening to people try to justify or spin his por performance. It makes you realize just how brainwashed some people are.
Haha it's been wild to see it. I can only imagine what they will say if he looses the election.
It's going to be a new civil war....
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