DJT shares plummet more than 10% as hot streak for Trump Media stalls
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Trump Net Worth Passes $400M After TMTG Stock Rises
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The Spin
Pro-Trump narrative
TMTG is doing all it can through Securities and Exchange Commission filings and potential Congressional action to make sure retail investors who believe in the company don't get exploited by short sellers. By standing up for its investors, TMTG is maintaining the value worthy of anything related to a billionaire businessman who could be the next US president.
Anti-Trump narrative
TMTG is a meme stock and, as is the case with all meme stocks, there's never a rhyme or reason for their success or failure in the early going. In this case, Trump's notoriety could be affecting the stock price. But eventually, all meme stocks settle at a realistic price, and TMTG might not be able to overcome its poor business performance.