Far Right Propaganda Media Stock (TMTG) floundering and could be investigated for FRAUD!

Far Right Media Stock (TMTG) Crashes as Soon as Market Opens!

Former president Donald Trump's meme stock is in deep, deep trouble. 

Shares of Trump Media & Technology Group (TMTG)  got absolutely hammered Monday morning, sliding a further 9% as soon as the markets opened.

- MSM 

Trump Media stock plummets as expert WARNS of possible securities fraud: reports

Former President Donald Trump's Truth Social stock continued to circle the drain Monday as financial experts warned he may have broken the law trying to prop up the price. 

@Zeus4par

 dahell u say ?!?! 

Some background to this story,

Friday, April 5

Trump's Far Right Propaganda Media stock sinks to post-merger low!!

Shares of Truth Social owner Trump Media & Technology Group tumbled 12% on Friday, sinking to their lowest level since the company went public last week.

The selloff has erased nearly $2 billion from the value of former President Donald Trump’s stake in the company this week.

Trump Media shared surged to as high as $79.38 on March 26, the day trading began on the Nasdaq under the ticker symbol ¡°DJT.¡±

Since then, the Truth Social owner¡¯s share price has plunged by 49% to the closing price of $40.49 on Friday

Trump Media recently disclosed losing $58 million last year on very light revenue of just $4.1 million. The financial results underscore concerns raised by some experts that the company is being vastly overvalued by Wall Street.

wtf ??????  sweet&innocent donnie chump ?   possibly involved in some illicit fraud with one of his companies ???? 

More story background,

Barry Diller, the billionaire chairman of Expedia and People Magazine owner IAC,

 told CNBC on Thursday that Trump Media is a ¡°scam¡±

and people buying the stock are ¡°dopes.¡±

¡°I mean, it¡¯s ridiculous,¡± Diller said on CNBC.

¡°The company has no revenue!!!¡± 

@Zeus4par

 did u see the news about far right elon musk  possibly using a fake burner account on his media site to deceive people ?

common theme dont u think ??  

In a regulatory filing, Trump Media said it lost $58.2 million in 2023, compared with a profit of $50.5 million in 2022.

The Truth Social owner generated just $4.1 million in revenue, although that was up from $1.5 million in 2022.

Trump Seethes as Truth Social's Stock Price Gets Absolutely Hammered 

The news comes after Trump reiterated that he'll double down and continue to use Truth Social, a far right social media platform owned by TMTG, despite major losses and a seriously dubious financial outlook.

Shares of the group have been tanking ever since it merged with a blank check acquisition company last month, falling almost 25 percent in the last five days.

- YAHOO FINANCE

@Zeus4par

 So then this plunge is at least partially if not largely self-inflicted.

Can you believe it

LOSER

The share price of Trump Media fell again on Thursday, losing 5.4% 

That came a day after Trump Media shares fell 8.57% at close on Wednesday! 

DJT shares, the majority of which are owned by indicted former President Trump, ended Thursday at just $32.41, down from it's unexplained peak of $80 March 26.

i would say largely self inflicted   

but the magas r prolly already blaming joe biden and all democrats everywhere

i would say largely self inflicted   

but the magas r prolly already blaming joe biden and all democrats everywhere

 Trump's propaganda media stock circling the toilet!

New York CNN —

Shares of Trump Media & Technology Group are in free fall. 

The Truth Social owner’s share price dropped another 5%
as of mid-day Friday, leaving it on track for a seventh
losing day out of the past eight.