Truth Social Stock TANKS Following Trump's Conviction

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MR NEWS
MR NEWS
09 Jul 2024

Donald Trump doesn't just need to be worrying about his freedom following his felony convictions - he needs to be worried about his finances. Following the verdict last week, shares of Trump Media & Technology Group, which owns Truth Social, began to plummet, wiping hundreds of millions of dollars of Trump's net worth from existence. While the stock has seen falls like this before, this one could be more permanent as the fate of the company is tied directly to the fate of the felon that started it. Farron Cousins explains what's happening.

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