Trump's Truth Social debuts on the stock market. Here's what you need to know.

The people purchasing stock of the Trump Media and Technology Group are likely buying shares out of loyalty to the former president rather than faith in it as a good long-term investment, argues the University of Florida's Jay Ritter.
"Will [Trump Media and Technology Group] be highly profitable in the future, that could justify such a high valuation? Very unlikely," said the University of Florida's Jay Ritter.
Anna Barclay/Getty Images