Saturday, July 20, 2024

Trump Media Stock Drops 4% Since Contentious Debate, Falls by Almost 8 Bucks


It’s sex, lies, and stock price.

Donald Trump’s Trump Media, which operates his Truth Social site, is not reflecting any kind of debate win last night.

Trump Media started the day around $40 and will end around $32. Keep refreshing.

You’d think that after his fans went crazy last night, Trump’s stock would be soaring. But the whole experience of watching Trump lie at least 26 times (according to CNN and the New York Times) has not worked in his favor.

Liberal media elites have only helped Trump since the debate ended. The snowflakes immediately dumped on Joe Biden, declared his campaign over, and started interviewing replacements.

But once actual voters chimed in, it seemed like Biden had more support than anyone imagined. The viewers of the debate — almost 50 million — were more horrified by Trump’s prevarications.

The Truth Media stock price tells an interesting story. Let’s keep an eye on it.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

Read more

In Other News