Trump's Disastrous Truth Social Company Hits Rock Bottom With Lowest Stock Price Ever

[Eugene]

Source: Futurism

Trump’s Disastrous Truth Social Company Hits Rock Bottom With Lowest Stock Price Ever

The company lost a staggering $712.1 million last year — while making just $3.7 million.

By Victor Tangermann
Published Mar 13, 2026 2:48 PM EDT

President Donald Trump’s Truth Social bid, Trump Media & Technology Group (TMTG), has burned through an alarming amount of cash.

The company, which owns the president’s struggling far-right social media platform, issued an alarming financial report earlier this month, revealing that it had lost a staggering $712.1 million last year — while earning a pitiful $3.7 million.

The disastrous figures once again highlighted how the company, 52 percent of which is owned by Trump and which trades with a ticker of his initials DJT, has firmly cemented itself as a gauge of the president’s popularity rather than as a viable business.

As Trump’s war on Iran rages on, polls have shown that his approval rating continues to dip.

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Read more: https://futurism.com/future-society/trump-truth-social-company-rock-bottom

[Playingmantis]

1. I hope the fools that bought this crap lose their asses!

shares reaching an all-time low on Friday of $9.73. That’s an enormous fall from the company’s record high of just shy of $80 shortly after the company merged with a blank check acquisition company in March 2024, a move that allowed it to be publicly traded.

Since then, it’s been a long slide. Even a questionable bid to “distribute digital tokens” to investors late last year seemingly did little to buoy up excitement, with the company’s valuation embarking on a rollercoaster ride, largely aligned with Trump’s waxing and waning public image.

In the process, numerous executives there have enriched themselves by selling their shares, mostly leaving the president’s most fervent supporters holding the bag.


https://futurism.com/future-society/trump-truth-social-company-rock-bottom

[UTUSN]

2. K&R for, good news rolling along today!

[EdmondDantes_]

3. We can only hope by lowest price ever, it will be lowest price yet