Truth Social Stock Crashes to All-Time Low After MAGA's Massive Defeat
Futurism reports that shares of Truth Social's parent company, Trump Media & Technology Group, crashed to an all-time low of $5.23 the Wednesday morning after the midterm elections, later sliding to $5.06, down 61 percent since the start of the year. The site describes Trump lashing out at defeated Republican senators and Fox News on Truth Social, where he vowed to become a "political pundit," and judges the stock collapse unlikely to save the struggling company from growing irrelevancy.