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Friday, 04/12/2024 6:19:33 PM

Friday, April 12, 2024 6:19:33 PM

Post# of 22524
For all his bombast, Trump is plummeting - financially, legally and politically

He’s losing cash reserves and legal gambits, and his eponymous stock – DJT – took an embarrassing tumble this week

Trump Media & Technology Group – his eponymous meme stock, DJT – has plummeted this week. “DJT stock is down again,” announced Barron’s on Thursday. “Trump’s stake in Truth Social parent has taken a hit.” Elsewhere a headline blared: “Trump’s ‘DJT’ stock dives to lowest close since Ron DeSantis dropped out”. Reminder, Trump is a guy whose businesses are no stranger to bankruptcy or allegations of fraud. He leaves wreckage in his wake. The spirit of Trump University remains alive. Like life in Oz, so much in Trump World is illusory.

https://www.theguardian.com/commentisfree/2024/apr/12/donald-trump-finance-stock-trial

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