The parent of Truth Social has come under pressure this month, most recently after early investors were given approval to sell a fresh chunk of shares.
Category: Truth Social (Social Network)
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Trump Media Stock Falls After Conviction
Shares of the Truth Social parent began to slip immediately after former President Donald Trump, the company’s largest investor, was convicted in his hush-money trial.
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Donald Trump’s Wealth Now Hinges on Trump Media
Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.
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Trump Media Reports Lackluster Revenues and Large Losses
The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-ago period.
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Trump Media Stock Rally Pushes Value of Trump’s Stake to $6 Billion
In their first few weeks of trading, shares of Truth Social’s parent company soared, then crashed, and have recently made a strong recovery. Former President Donald J. Trump’s holding is now worth about $6 billion.
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Truth Social Co-Founder Says Trump Nearly Derailed Deal That Led to Market Windfall
Andy Litinsky, who helped start the former president’s social media company, revealed Mr. Trump’s last-minute doubts about an agreement that made them all very wealthy.
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How a Pirate-Clad Pastor Helped Ignite Trump Media’s Market Frenzy
Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.
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Trump Set to Receive $1 Billion Extra Trump Media Shares
The former president is in line for a windfall after the stock price of Trump Media hit performance targets in its first few weeks of trading, raising the value of his already sizable stake.
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In Trump Trial, Press Coverage of Jurors Draws Partisan Reactions
Journalists covering the trial face a tricky balancing act: inform the public while keeping its participants out of harm’s way.
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Truth Social Has an Edge as Rival Right-Wing Apps Falter
Donald Trump’s social media platform has outdistanced similar conservative sites such as Parler and Gettr, even as it lags far behind X and others.
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Legal Fight Over Trump Media’s Ownership Adds to Its Woes
Two ex-contestants on “The Apprentice” sold the former president on the idea of a social media platform. Now, the company and the pair are wrangling over their stake.
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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.