@[email protected] to [email protected] • 7 days agoTrump Media stock has plunged 33% in a monthqz.comexternal-linkmessage-square69fedilinkarrow-up1561arrow-down114file-textcross-posted to: technology
arrow-up1547arrow-down1external-linkTrump Media stock has plunged 33% in a monthqz.com@[email protected] to [email protected] • 7 days agomessage-square69fedilinkfile-textcross-posted to: technology
minus-square@[email protected]linkfedilinkEnglish12•7 days agoIt matters because Trump becomes free to sell his shares on September 19 (a week from today). I, for one, am hoping that the price goes to $0 and it gets delisted by then!
minus-square@[email protected]linkfedilinkEnglish8•7 days agoHe’s been able to borrow against them for some time. Someone is already holding the bag.
minus-square@[email protected]linkfedilink2•7 days agoIf he floods the market with shares, I wouldn’t be surprised if the price craters so hard it gets delisted.
It matters because Trump becomes free to sell his shares on September 19 (a week from today). I, for one, am hoping that the price goes to $0 and it gets delisted by then!
He’s been able to borrow against them for some time. Someone is already holding the bag.
If he floods the market with shares, I wouldn’t be surprised if the price craters so hard it gets delisted.