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@ylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish • 1 year ago

Trump's Truth Social loses $4 billion in value in one week, while revealing wider loss

www.cbsnews.com

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Trump's Truth Social loses $4 billion in value in one week, while revealing wider loss

www.cbsnews.com

@ylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish • 1 year ago
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Trump's media company is now trading below its opening stock price. The company on Monday disclosed mounting losses.
  • @jackpot@lemmy.ml
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    10•1 year ago

    he cant sell any, hes lokced to it for 6 months

    • @Corkyskog@sh.itjust.works
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      1•1 year ago

      Doesn’t need to, it’s asset that can be used for collateral.

      • Natanael
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        1•1 year ago

        I think in this case there was a contractual timelock blocking that too unless he gets an exception approved (don’t remember all the details)

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