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Trump tries to boost support for Truth Social as DJT stock tanks - TL;DR CNBC

Trump tries to boost support for Truth Social as DJT stock tanks

Publishing timestamp: 2024-04-12 13:34:50


Summary

Donald Trump urges his followers to support his social media app Truth Social as the parent company's stock price continues to decline. Despite the fall in share price, Trump Media still boasts a market capitalization of over $4.2 billion, with Trump owning more than 57% of the company's stock. CEO Devin Nunes has suggested adding video streaming capabilities to Truth Social.


Sentiment: MIXED

Tickers: DJT

Keywords: politicsbreaking news: politicsipoelectionstrump media & technology group corpdonald trumpbusiness newssocial media

Source: https://www.cnbc.com/2024/04/12/trump-tries-to-boost-support-for-truth-social-as-his-media-stock-tanks.html


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