Trump's Platform Stock Plummets

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Trump Media

Los Angeles Times

•

Business

Business & Economics

Column: Trump's Truth Social stock is circling the drain

Summary

Nutrition label

76% Informative

Since July 21 , Donald Trump's Truth Social platform has lost nearly 39% of its value.

The company's annual report cited a "risk factor" in holding the company's stock as a risk factor.

Trump has shown that he doesn't take his responsibility to support Truth Social very seriously, says David Gergen .

Gergen : Trump 's prospects for victory in November election have faded.

Michael Hiltzik: Truth Social has been a joke from the inception.

He says the company doesn't resemble any enterprise that could have been imagined by the value-investing pioneers Benjamin Graham and David Dodd .

In its most recent quarterly disclosure, issued Aug. 12 , it reported a loss of $344 million on revenue of $1.4 million for the first six months of this year .

Trump might end up laughing all the way to the bank, but his investors would be left with nothing but tears.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

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Offensive language

not offensive

Hate speech