Sunday, October 6, 2024

Trump Stock Falls Below $15 to Stunning New Low as Market Booms to New Highs

Share

The stock market is booming today. Except for one stock.

The Dow is up almost 600 points at 2:30pm thanks the Fed rate cut yesterday.

Donald Trump always warned that markets would crash if he wasn’t president. But that’s proven untrue. The only stock bombing is his Trump Media.

Trump Media, a sewage system for haters, has fallen below $15 today. That’s an all time low since the company merged and was revived last winter. It may drop even more before the day is over.

If the stock hits $12, Trump cannot sell any shares. He promised last week that he wouldn’t anyway and praised the horrific content on the site.

But Wall Street watchers are waiting now to see if Trump will renege, screw his investors and sell off. That could happen at any time.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
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