Trump Media shares halted again as DJT falls in volatile trading
Trump Media shares halted again as DJT falls in volatile trading
Donald Trump is the majority owner of Trump Media, which owns the Truth Social platform and trades on the Nasdaq as DJT.
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As soon as it's clear Trump will not be returning to the White House, the value of the stock will plummet to near zero. There will be a few dead cat bounces, but it will go away for good once Harris is sworn in
Unfortunately, it'll probably continue to exist as a way to launder foreign bribes to Trump. Even if Trump soundly loses, he'll still be a useful propaganda mouthpiece.
It will be delisted.
Delisted based on…?
That stock will have value so long as Trump needs to launder money.
Yeah, but if Trump loses he becomes near worthless to anybody that is paying him. He’s not going to run in 2028. I doubt he’ll be physically able to. He’ll be abandoned (or worse) by Putin/Xi/Saudis. He’ll have his cult but his handlers will be looking for the next Trump.