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Trump’s media company suffers another huge slump as share price falls nearly 15%
(www.independent.co.uk)
Oh no.
this post was submitted on 21 Jun 2024
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Anyway
Just wanted to share the perfect moment for this post, before more comments came in
People actually voluntarily put money into a trump company? And expected it to increase in value? LOL, fucking morons. They're lucky there's any money left at all. I'm guessing there won't be for long.
It's a front to fund Trump's political career. The people funding it are not expecting any other return on their investment than political power.
Only few people, very few people. But people with far too much money. #eattherich
Fail son
the share price is only relevant for a company when they plan to emmit more stock to raise more money or fear hostile takeover. it doesn't say much about their success.
It's relevant because Trump owns a majority of the stock but can't sell any of it until August. If the price craters before then, he won't be able to use it to fund his campaign.