Trump Media Faces Severe Valuation Decline, Losing $4 Billion
Truth Social's parent company struggles with financial losses as stock value drops and investor confidence wanes.
- Trump Media shares have dropped 74% since March, severely impacting Trump's net worth.
- The company's value has plummeted from $6.2 billion in May to about $2 billion currently.
- Investors and experts argue Truth Social's valuation is disconnected from its revenue and user base.
- A recent poll showing Trump neck-and-neck with Kamala Harris briefly spiked the share price by 7%.
- Insiders will be allowed to sell shares starting September 20, potentially causing further volatility.