Donald Trump’s statement at a press conference about his shareholding intentions infused confidence among investors, causing TMTG's stock to surge by 27% within hours.
The market's reaction to Trump’s declaration underlines how a single word from influential figures can drastically affect stock values, illustrating the volatile nature of financial markets.
As TMTG’s lockup period nears its end, the company's inflated valuation, despite its declining revenues and lack of profits, presents a puzzling scenario for investors.
With Trump's stake in TMTG representing about 50% of his estimated $3.7 billion net worth, fluctuations in stock prices pose risks to his wealth.
Collection
[
|
...
]