'Poor Marge': MTG mocked after report suggests she lost $32K by investing in Trump Media
8 months, 1 week ago

'Poor Marge': MTG mocked after report suggests she lost $32K by investing in Trump Media

Raw Story  

The media company with ties to Donald Trump's Truth Social platform is seeing its value tank more each day. Greene wouldn't respond to questions from CNBC or NBC News about her holdings in Digital World Acquisition Corp, which merged with Trump Media and saw its share price drop at least 45 percent to date, NBC News reported. Greene, along with Indiana GOP Rep. Larry Bucshon, revealed they bought stock in the company in October 2021 — the same month it announced the merger with Trump Media. A spokesman for Bucshon responded to inquiries and revealed that the lawmaker is still an investor in the company, but Greene has chosen to stay mum and public disclosures have not shown that she's sold any stock related to DWAC or Trump Media. Greene spokesman Nick Dyer told NBC News that Greene “holds no stocks at this time as reflected in her financial disclosure.” When asked by NBC News on Wednesday what happened to her Trump Media stock, Greene replied, “This is a waste of time.

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History of this topic

'Rats jumping off a sinking ship': Insiders dumping Truth Social stock as price tanks
3 months, 3 weeks ago

'Rats jumping off a sinking ship': Insiders dumping Truth Social stock as price tanks

Raw Story  

According to a new report, if Donald Trump wants to tap into a cash windfall that awaits him from his stake in Trump Media & Technology Group, the parent company of Truth Social, his time is coming soon but there are also indications some of the company's insiders are seeing the writing on the wall and it is not good. …

Trump has now lost $267M with 'erratic' Truth Social stock: report
6 months ago

Trump has now lost $267M with 'erratic' Truth Social stock: report

Raw Story  

Donald Trump has lost more than $267 million as the value of his eponymous media company continues to plummet, according to a new financial analysis. Trump Media stock values dipped 6.29 percent on Monday and brought share prices to just $34.72 as of Tuesday, Newsweek reported. Truth Social’s parent company reportedly hit a low point last week not seen since …

Trump Media stock falls more than 21% after company discloses $58 million loss for 2023
8 months, 3 weeks ago

Trump Media stock falls more than 21% after company discloses $58 million loss for 2023

Associated Press  

NEW YORK — Less than a week after a flashy stock market debut, Donald Trump’s social media company on Monday disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%. Losses in 2023 for Trump Media & Technology Group — whose flagship product is Truth Social — mark a stark decline compared with the …

Trump Media stock falls more than 21% after company discloses $58-million loss for 2023
8 months, 3 weeks ago

Trump Media stock falls more than 21% after company discloses $58-million loss for 2023

LA Times  

Losses in 2023 for Trump Media & Technology Group — whose flagship product is Truth Social — mark a stark decline compared with the profit it reported for 2022. Less than a week after a flashy stock market debut, Donald Trump’s social media company on Monday disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more …

Here's how much Rep. Marjorie Taylor Greene has lost investing in Trump’s Truth Social venture
1 year, 9 months ago

Here's how much Rep. Marjorie Taylor Greene has lost investing in Trump’s Truth Social venture

Raw Story  

Rep. Marjorie Taylor Greene made a personal bet on Donald Trump’s Truth Social platform — and is losing bigly. The value of Greene’s class A stock in Digital World Acquisition Corp., a special purpose acquisition company, or SPAC, that’s supposed to merge with Truth Social, had cratered in recent weeks amid significant corporate turmoil. Greene reported that she and her …

MTG likely lost thousands investing in Trump's new media venture
3 years, 1 month ago

MTG likely lost thousands investing in Trump's new media venture

Salon  

Rep. Marjorie Taylor Greene could be out thousands of dollars after she purchased SPAC stock linked to former President Donald Trump's future social media platform. According to CNBC, Greene filed a public disclosure revealing she had invested up to $50,000 in Digital World Acquisition Corp., which has said that it will merge with Trump's social media company. But CNBC determined …

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