Smalltime investors in Trumps Truth Social reckon with stock collapse Yahoo Life

News Source : The Washington Post

News Summary

Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $26 on Monday
The company lost $58 million last year on $4 million in revenue, less than the average Chick-fil-A franchise
Truth Social has attracted a tiny fraction of the traffic other platforms see, according to estimates

Jerry Dean McLain first bet on former president Donald Trumps Truth Social two years ago, buying into the Trump companys planned merger partner, Digital World Acquisition, at $90 a share. Over time, [+10351 chars]

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