Truth Social Faces Dire Financial Outlook Amid Falling Stock Prices

Forbes editor warns that Truth Social's stock could plummet by 90%, citing overvaluation and poor financial fundamentals.

Truth Social's stock price has significantly dropped, with a recent 18% decline following the announcement of an additional 20 million shares.
A Forbes editor predicts the stock could fall by at least another 90% due to overvaluation compared to its actual revenue and user base.
Investors, many of whom are Trump supporters, risk substantial losses, with some investing as a show of faith in Donald Trump.
Despite financial woes, Trump Media & Technology Group celebrated its 'success' at Mar-a-Lago, showcasing a disconnect between public perception and financial reality.
Analysts and accountants express concern about the company's viability, indicating potential bankruptcy and questioning its ongoing operations.