Trump Media Faces Financial Turmoil: Stock and Net Worth Plummet
Monday, 12 August 2024, 12:55
Trump Media's Financial Struggles
Trump Media has recently witnessed a sharp decline in its stock value, hitting a four-month low.
Net Worth Diminished
- Trump's net worth has decreased by $170 million.
- His stake dropped from $4.7 billion to $2.8 billion since July 15.
This financial turmoil coincides with the peak of betting odds for Trump's reelection after a failed assassination attempt, raising serious questions about the viability of his social media enterprise and its effects on his financial status.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.