Sunday, October 6, 2024

Donald Trump’s Media Stock Has Lost 80% Of Its Value: Pay Attention Swing States, That’s Who You Want Running the Country?

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Donald Trump’s Truth Social is dying. It’s almost dead.

The stock price for Trump Media is just $12.15. It’s dropped more than 80% since last winter. There’s nothing left of it.

By all accounts, investors who put in $10,000 back then would have just $2,000 now.

I know people who are shorting the stock for fun to make money. Why not?

Meantime, Donald has tripled down on the diatribe he posts. It’s all complaints about Kamala Harris not liking Catholics, that she can’t prove she worked at McDoald’s 40 years ago, and so on. He’s also issued a meandering screed on everything that’s bothering him. None of it is true.

As for the stock, who would want Trump to run a country like this? An 80% drop in value in six months? Swing states, pay attention, please.

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.

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