Wednesday, June 3, 2026

Trump Media Stock Drops At Opening Bell as Company Announces TV Streaming Platform

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Trump Media stock dropped by $1 this morning at the opening bell of the stock market.

That’s despite the company announcing the beginning of streaming on their video platform on the Truth Social app.

According to a press release, “TMTG plans to expand programming as its streaming rollout continues, focusing on news, Christian content, and family friendly content.”

Much mocked former congressman Devin Nunes, a long time Trump supporter, runs Truth Social.

Wall Street so far does not seem excited about this news. Trump Media stock has been in a straight decline for more than two weeks. Trump’s latest racist blatherings are not turning out well for business.

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Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009 and previously edited Fame magazine and wrote the "Intelligencer" column at New York magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. is 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. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

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