@vegeta@lemmy.world to News@lemmy.world • 6 months agoTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comexternal-linkmessage-square46fedilinkarrow-up1358arrow-down19cross-posted to: politics@lemmy.world
arrow-up1349arrow-down1external-linkTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.com@vegeta@lemmy.world to News@lemmy.world • 6 months agomessage-square46fedilinkcross-posted to: politics@lemmy.world
minus-square@fine_sandy_bottom@lemmy.federate.cclinkfedilink19•6 months agoThese reductions are so large it’s hard to conceptualise. There was a peak several months ago of $65. Now they’re $13.55 or sth? Commentators all along have been saying that the values are a proxy for Trump’s popularity. If so, things aren’t looking good.
minus-square@slurpeesoforion@startrek.websitelinkfedilink12•6 months agoThey look pretty good from where I’m sitting.
minus-square@fine_sandy_bottom@lemmy.federate.cclinkfedilink1•6 months agoYeah. The current price is still insanity. I think the underlying value of the company is nil? Sadly with all the electioneering fuckery Trump still has a good chance of winning.
minus-square@roscoe@lemmy.dbzer0.comlinkfedilink5•6 months agoThe 52-week high is just under $80. That would be intra-day though, maybe it never closed above $65.
These reductions are so large it’s hard to conceptualise.
There was a peak several months ago of $65. Now they’re $13.55 or sth?
Commentators all along have been saying that the values are a proxy for Trump’s popularity. If so, things aren’t looking good.
They look pretty good from where I’m sitting.
Yeah. The current price is still insanity. I think the underlying value of the company is nil?
Sadly with all the electioneering fuckery Trump still has a good chance of winning.
The 52-week high is just under $80. That would be intra-day though, maybe it never closed above $65.