Because they are investing on Trump and that is the biggest mistake.
The man is a serial bankrupt with a reverse Midas touch.
If retail investors planning to buy into Truth Social did disinterested research, they would hardly be investing in the site. Popular it’s not. It has an estimated 5 million active users. X, formerly known as Twitter, by comparison, has an estimated 500 million. (Facebook, if you are wondering, is in the billions.) Truth Social’s revenues are, not surprisingly, paltry.