The warnings that financial and business experts have been saying about Donald Trump‘s Truth Social stocks may be coming true as its stocks began dipping when the stock market closed on Maundy Thursday.
Truth Social stocks were considered a “meme stock,” and the business itself was not doing very well, losing more money than it had earned before it merged with Digital World Acquisition Corporation. Even after this, however, the business was still struggling despite the boost in value and investment from Trump supporters.
According to USA Today, share prices started at $70.90 per share on Tuesday, before surging to $79.38 per share. However, despite the efforts of Trump supporters to keep the stock prices up by buying shares of Truth Social as a way to show they support Trump, stock prices dropped to $61.96 before the markets closed on Thursday.
The SEC itself has warned that Trump has a history of failed business …
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