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Trump Media Stocks Fall Following Newest Loss And After Former President Returns To Posting On X/Twitter

Trump Media Stocks Fall Following Newest Loss And After Former President Returns To Posting On X/Twitter
August 12, 2024


Stocks of Trump Media and Generation Staff closed 5% decrease as of late at $24.88, as the previous president returned to posting on X/Twitter upfront of an look later this night with the website’s proprietor, Elon Musk.

On Friday, Trump Media reported a lack of $16.4 million in the latest quarter, on earnings of $836,900.

The price of certainly one of Trump Media’s key belongings, the social media platform Fact Social, is tied to Trump, its most famed contributor. Whilst he has persisted to put up on that platform, previous as of late he additionally began posting once more on X, one thing he had completed simply as soon as sooner than since his account was once reinstated.

“Are you now than you had been when I used to be president?” Trump wrote. “Our economic system is shattered. Our border has been erased. We’re a country in decline. Make the American Dream AFFORDABLE once more. Make The united states SAFE once more. Make The united states nice once more!”

Are you now than you had been when I used to be president?Our economic system is shattered. Our border has been erased. We are a country in decline.Make the American Dream AFFORDABLE once more. Make The united states SAFE once more. Make The united states GREAT Once more!— Donald J. Trump (@realDonaldTrump) August 12, 2024

He went directly to put up a sequence of marketing campaign messages and movies on X.

Trump had remaining posted on Aug. 24, 2023, when he displayed his mugshot after he was once charged in a Georgia election racketeering case. Trump have been banned from Twitter following the assault at the Capitol on January 6, 2021, however Musk reinstated his account when he took over the platform.

The Musk-Trump look is scheduled for 8 p.m. ET.

OpenAI
Author: OpenAI

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