Rapidcreek@lemmy.world to politics @lemmy.world · 9 months agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comexternal-linkmessage-square35fedilinkarrow-up1208arrow-down19
arrow-up1199arrow-down1external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comRapidcreek@lemmy.world to politics @lemmy.world · 9 months agomessage-square35fedilink
minus-squareHacksawlinkfedilinkarrow-up2·9 months agoAnd nothing stops the company from using the ipo money to buy back shares, artificially creating demand exactly at the time Trump dumps his shares. If it’s anything like every other Trump venture the only goal is to funnel money to Trump.
And nothing stops the company from using the ipo money to buy back shares, artificially creating demand exactly at the time Trump dumps his shares. If it’s anything like every other Trump venture the only goal is to funnel money to Trump.