Wednesday, June 3, 2026

Trump Media Stock Price Falls More than 5% As Truth Social Spews Hate and Racism

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It’s not a good morning at Trump Media.

The stock price for Donald Trump’s Truth Social is crashing again, falling more than 5.5% in the opening hour of trading.

Trump Media is down to about 30 bucks. The price went off a cliff at the opening bell.

Reasons? For one thing Truth Social has turned from a Biden and judge bashing site into pure hate and racism against Kamala Harris. The posts are frightening, and telling: why would anyone invest in such misery?

Second, Trump seems to be waffling on his VP choice, JD Vance. There’s a feeling that Vance can’t do the job after making such a horrendous impression in his early speeches. If Trump is up against Kamala Harris and one of four different mid western, experienced governors or senators, what does Vance offer? Could Trump replace him?

Every day, the Trump Media graph looks like someone with a dying EKG or a tree being chopped down. Ouch!

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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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