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Truth Social

The truth about Truth Social

by David Brancaccio , Kimberly Adams and Erika Soderstrom
May 3, 2024
The media company is basically a meme stock, but it's helping former President Trump accumulate wealth.
"This is a small company that is not growing and is losing money hand over fist," said Jay Ritter of the University of Florida.
Anna Barclay/Getty Images
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Trump's Truth Social debuts on the stock market. Here's what you need to know.

by David Brancaccio , Alex Schroeder and Natalie White
Mar 27, 2024
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.
"This is a small company that is not growing and is losing money hand over fist," said Jay Ritter of the University of Florida.
Anna Barclay/Getty Images
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