Trumps Truth Social is now a public company. Experts warn its multibilliondollar valuation defies logic CNN
News Source : CNN
News Summary
- Trump Media & Technology Group, the owner of struggling social media platform Truth Social, began its long-delayed journey as a public company
- The stock surged about 56% at the open, to $78, and trading was briefly halted for volatility
- Trump Media shares stabilized around $70 before fizzling
- By the closing bell, Trump Media ended at $57
- 99, up by a more modest 16% on the day
For the first time in almost 30 years, part of Donald Trumps business empire has gone public. Trading started with a bang, but the frenzy eased considerably by the closing bell, with shares ending we [+8776 chars]
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