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News@lemmy.world · 2 months ago

Trump Media plummets 10% as post-lockup selloff picks up steam

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Trump Media plummets 10% as post-lockup selloff picks up steam

vegeta@lemmy.world to

News@lemmy.world · 2 months ago

Donald Trump is the majority owner of Trump Media, which owns social media platform Truth Social and trades as DJT on the Nasdaq.

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RagingSnarkasm@lemmy.world
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2 months ago
Sounds overpriced.
- Biggles@lemmy.myserv.one
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  2 months ago
  Book value per share is around $1.50. However, they don’t make any profit so the actual value of the company is considerably less. In my opinion, not financial advice.
- ripcord@lemmy.world
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  2 months ago
  It’s lower than when it launched, but is still overvalued by at least 1200%.

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