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 ...
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 ...
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 ...
After years of delays due to government investigations, Trump Media & Technology Group completed its merger to go public on March 25. The next day, shares began trading on the NASDAQ under the ...
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 ...
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 ...
However, the primary reason for the gains seemed to be bets on a Trump victory. The social media stock finished the month up 120%, according to data from S&P Global Market Intelligence. As you can see ...