The CFO of the company that owns Truth Social, along with two other company insiders, has sold over $16 million worth of the ...
But the stock suffered ... valuation, the Truth Social parent trades at an exponentially higher premium than its competitors based on revenue, with its 3,996 price-to-sales ratio dwarfing Reddit ...
the parent company of Truth Social. By Matthew Goldstein The stock price of former President Donald J. Trump’s social media company has swung up and down over the past few weeks, but it may be ...
Why It Matters: The refusal of Trump to sell his shares in Truth Social’s parent company, amidst a surge in stock prices, indicates his confidence in the company’s future prospects.
Truth Social’s value is closely tied to the political fortunes of Trump, with an electoral victory seen as positive for the stock and a loss seen as negative. Investors vacillated between the two on ...
As a meme stock, though, Truth Social is not dead at all. At the market close on Wednesday, its share price was nearly $36, an amount that was about $36 higher than it would have been trading if ...
On Truth Social, investors in the stock have often complained about bearish investors known as short sellers, who try to profit by driving down the price of the stock. Before the trading day began ...
Truth Social shares rallied ... Media & Technology Group (TMTG) stock due to the high volatility after prices rose and fell by huge percentages. The social media platform's shares rose 6% after ...
The chief financial officer of the company that owns Truth Social ... a volatile stock since it started trading in March of this year. Juhan sold 320,000 shares on Friday at a price of $30. ...
After another volatile week on the stock market for the president-elect's media company, shares closed five percent up.
CNN reported that traders are betting that a possible Trump victory could boost the value of Truth Social. However, its existing price tag will ... billion-dollar meme stock and has become a ...
U.S. President-elect Donald Trump has stressed that authorities should investigate rumors of the sale of his social media Truth Social. "Rumors or statements that I am interested in selling shares ...