• 11/11/2024

Shares of Truth Social’s parent fell more than 21% after Trump’s social-media firm disclosed that it nearly ran out of cash last year and would have struggled to survive without the deal that took it public.

Wall Street Journal

Shares of Truth Social’s parent fell more than 21% after Trump’s social-media firm disclosed that it nearly ran out of cash last year and would have struggled to survive without the deal that took it public.

https://www.wsj.com/finance/stocks/trump-media-shares-tumble-after-disclosing-recent-cash-crunch-18e41d2f