vegeta@lemmy.world to News@lemmy.world · 10 months agoTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comexternal-linkmessage-square45linkfedilinkarrow-up1356arrow-down19
arrow-up1347arrow-down1external-linkTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comvegeta@lemmy.world to News@lemmy.world · 10 months agomessage-square45linkfedilink
minus-squarefine_sandy_bottomlinkfedilinkarrow-up18·10 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-squareslurpeesoforion@startrek.websitelinkfedilinkarrow-up12·10 months agoThey look pretty good from where I’m sitting.
minus-squarefine_sandy_bottomlinkfedilinkarrow-up1·10 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-squareroscoe@lemmy.dbzer0.comlinkfedilinkarrow-up5·10 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.