Posted 3/29/2024, 10:58:22 AM
Meyers: Truth Social Stock Price a 'Bubble' Disconnected From Reality
- Seth Meyers said the soaring stock price of Trump's Truth Social company is a "bubble" that could burst.
- The stock's value is artificially propped up by Trump supporters, not business fundamentals.
- The company's own SEC filings admit Trump's legal issues could tank its value.
- Truth Social is seeing declining users and is just a "Twitter ripoff for MAGA trolls."
- The stock price windfall "has nothing to do with the reality" of Trump's business, per Meyers.