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‘The mother of all meme stocks’ – tracking Trump’s Truth Social

One month since Trump Media & Truth Social went public on the Nasdaq exchange, the share price has been up and down

One month since Trump Media & Technology Group Corp. went public on the Nasdaq exchange, the share price has been up and down with no sign of abating. With his personal control of around 65% of the stock in this venture, Trump’s fortunes shot up to $8 billion on paper, but it couldn’t be taken to the bank due to the ‘lock-up’ regulation which prevents insider trading of freshly issued shares for six months. “I call it the mother of all meme stocks”, he opined, using a term associated with Trump Media and other concerns that get embroiled in online razzmatazz, far beyond what traditional understanding dictates.

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