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Truth Social CEO Devin NunesABC News
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75% Informative
Trump Media & Technology Group's stock dropped more than 11% this week , suffering from sour sentiment after a weak earnings report and the return of former President Donald Trump to rival social media platform X.
Truth Social's stock performance holds significant financial implications for the former president, who owns a 65% stake in the company.
Some investors say they are optimistic about the company's financial outlook, or stand by it as an expression of their support for Trump .
Truth Social's value climbed about 30% in the immediate aftermath of an assassination attempt against Trump in July , reaching a price of $ 40 a share.
The share price now stands at about $23 , amounting to a drop of nearly two-thirds from its peak.
The decline of the stock price in recent weeks has coincided with the emergence of Vice President Kamala Harris as the Democratic presidential nominee.
VR Score
74
Informative language
70
Neutral language
51
Article tone
semi-formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
3
Affiliate links
no affiliate links