Wall Street loves DJT!

[variant]

The price in the OP implies a market cap of $9.9 billion. Currently $4.5B.

More than five billion dollars of hypothetical value evaporated. Four and a half to go!

Still way too high. If this was the sort of stock you could get a certificate for it's value would be overpriced toilet paper.

Trump Media:

 

[variant]

and why did the entire market take a dive (GASP not just DJT)

Stock market today: Wall Street falls after hot inflation report

U.S. stocks are sinking Wednesday on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend.

www.wivb.com

That's right boys and girls - your retirement and investment portfolio had a lousy day because of Bideninflation

Good Job Joe - atta boy!

Trumps stock has been dropping for weeks now.

Mostly because it's a financial scam of a media corporation valued in the billions running losses with the revenue of a single cheesecake factory store location.

 

[Pommer]

Trumps stock has been dropping for weeks now.

Mostly because it's a financial scam of a media corporation valued in the billions running losses with the revenue of a single cheesecake factory store location.

It’s a good thing one isn’t able to launder money in such fashion.

 

[variant]

It’s a good thing one isn’t able to launder money in such fashion.

I couldn't tell you whether it will be a successful money laundering scheme or not. I couldn't possibly know what kinds of schemes are going on behind the scenes by the folks involved.

 

[The Barbarian]

The formula is simple: good economic news during a democratic administration is in spite of them being in office. Bad economic news during a democratic administration is because of them. Reverse the two with a republican administration.

Today's winner.

 

[The Barbarian]

Dipping under $30.

View attachment 345769

It's become a metaphor for Trump's whole life.

 

[returntosender]

Maybe it's the new world order.

 

[iluvatar5150]

DJT wants to issue more stock and dilute the outstanding shares:

https://www.cnbc.com/2024/04/15/trump-media-shares-plunge-after-company-files-to-issue-additional-djt-stock.html

and down she goes:

 

[rambot]

Quick Trump Supporters! Buy your stock up now!

 

[iluvatar5150]

Ended the day -18.35%

 

[rambot]

Ended the day -18.35%
View attachment 345955

26.61 USD−5.98 (18.35%)today

 

[returntosender]

Who's gjt? Trump looked super downtrodden after being in court today

 

[iluvatar5150]

*checks yahoo finance*

yep, still funny

 

[rambot]

22.84 to end the day

 

[iluvatar5150]

wut is happening?

 

[returntosender]

Who's gjt? Trump looked super downtrodden after being in court today

What is djt?

 

[returntosender]

Ahhhhhhh

 

[essentialsaltes]

Dipping under $30.

Popping over $30.

 

[RocksInMyHead]

What is djt?

Donald Trump's initials (his middle name is John), and also the assigned stock ticker code for Trump Media.

 

[iluvatar5150]

Popping over $30.

View attachment 346104

Still climbing. I have no idea what's going on with this stock. I wouldn't be surprised to find out that somebody (or a group) is deliberately manipulating it. Not seeing any chatter on WSB, though.