Trump defied political norms. Now he tests the stock market.
by Laurent Belsie
Apr 03, 2024
3 minutes
Ever since its spectacular debut last week, which made former U.S. President Donald Trump one of the world’s 500 richest people, Trump Media & Technology Group has experienced a series of setbacks that would sink ordinary stocks.
But this highly charged social media investment may defy the odds, at least for a time.
Some are calling it a “meme stock,” or one that attracts investors for emotional reasons. In this case specifically, some point to Mr. Trump’s followers who buy as a political statement. Whatever it is, Trump Media is banking on trust in a single
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