Schadenfreude for Teatime: DJT Stock

Record High for S&P 500

The S&P 500, a key stock market index, reached a record high today. This is great news for the economy and for many Americans who have investments in the stock market.

Truth Social’s Decline

On the other hand, Truth Social, a company associated with former President Donald Trump, saw its stock drop to $12.15. This is a 10.3% decrease in just one day.

Market Capitalization Loss

Truth Social has lost more than 75% of its value in the last six months. This means that the company’s market capitalization, or total value, has significantly decreased.

Trump’s Shares

Former President Trump’s shares in Truth Social are now worth about $1.4 billion. However, it’s unlikely he could sell them for that much without help from his wealthy friends in Russia or Saudi Arabia.

Future Outlook

It will be interesting to see what happens to Truth Social’s stock price as we approach November. Will it continue to fall, or will it recover?

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