After a short-lived honeymoon, former President Donald Trump’s media company is experiencing a rough reception on Wall Street.
When companies issue additional shares, they take on the risk of their stock price coming under downward pressure.
“Bought more today just like a lot of you,” one member of a Truth Social group dedicated to DJT shares wrote on Monday.
“Trump has NOT signaled intentions to sell his shares,” wrote Chad Nedohin, a pastor and musician, on Truth Social on Monday.
He’s also turned to Truth Social to rail about his criminal trial, which began Monday, over accusations of falsifying business records related to a “hush money” payment.
About 600,000 retail investors have bought shares in Trump Media & Technology group, with about 200,000 of them buying into the stock within the last few weeks, Nunes told Fox Business earlier this month.
The original article contains 704 words, the summary contains 140 words. Saved 80%. I’m a bot and I’m open source!
This is the best summary I could come up with:
After a short-lived honeymoon, former President Donald Trump’s media company is experiencing a rough reception on Wall Street.
When companies issue additional shares, they take on the risk of their stock price coming under downward pressure.
“Bought more today just like a lot of you,” one member of a Truth Social group dedicated to DJT shares wrote on Monday.
“Trump has NOT signaled intentions to sell his shares,” wrote Chad Nedohin, a pastor and musician, on Truth Social on Monday.
He’s also turned to Truth Social to rail about his criminal trial, which began Monday, over accusations of falsifying business records related to a “hush money” payment.
About 600,000 retail investors have bought shares in Trump Media & Technology group, with about 200,000 of them buying into the stock within the last few weeks, Nunes told Fox Business earlier this month.
The original article contains 704 words, the summary contains 140 words. Saved 80%. I’m a bot and I’m open source!