Posted 4/10/2024, 6:33:52 PM
Trump's Truth Social Stock Plummets, Removing Him from Billionaire Ranks
- Truth Social (NASDAQDJT) stock is down 10% on Wednesday and 50% since its March debut
- The declines have reduced former President Trump's net worth enough to drop him off the Bloomberg Billionaires list
- Reports suggest Truth Social co-founders looking to sell shares before lockup period expires
- Trump also reportedly looking to sell his own shares
- Investor concern mounting amid falling share price and little info on how Truth Social will make money
