Truth Social (Social Network) – Page 10

Trump Media Share Price Drops Sharply

Funds that bet on a fall were set to profit as the parent of Truth Social came under renewed pressure after it registered new shares for a potential sale.

By Matthew Goldstein and Joe Rennison

Digital World Acquisition Corp Futures and Options Trading Short Selling Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

Traders Are Betting Millions That Trump Media Will Tumble

The parent company of Truth Social is a popular target for short-sellers, even after they lost $100 million last month betting on a decline in the stock that didn’t come.

By Joe Rennison

Digital World Acquisition Corp Frauds and Swindling Garelick, Bruce Initial Public Offerings Insider Trading Liman, Lewis Jeffrey Mergers, Acquisitions and Divestitures Russia Securities and Commodities Violations Securities and Exchange Commission Shvartsman, Gerald Shvartsman, Michael Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

2 Brothers in Trump Media Insider-Trading Scheme Plead Guilty

Michael and Gerald Shvartsman, who had originally pleaded not guilty to securities fraud charges, each pleaded guilty to one count of securities fraud.

By Matthew Goldstein

Presidential Election of 2024 Social Media Stocks and Bonds Trump Media & Technology Group Trump, Donald J Truth Social (Social Network)

Trump Media Stock Slumps as Early Fervor in Truth Social Owner Fades

A rapid fall in price erased billions of dollars in the market value of the parent company of Truth Social, eating into some of the gains made in the volatile stock’s public debut.

By Joe Rennison and Matthew Goldstein