Why Truth Social's stock price soared despite company reporting $49M loss last year
PBS NewsHour PBS NewsHour
4.01M subscribers
33,784 views
0

 Published On Mar 27, 2024

Donald Trump’s Truth Social made its debut on the Nasdaq Tuesday. The stock price soared, powered by supporters looking to invest in the former president's business. But the platform’s stock success doesn’t seem to match its financials. Truth Social lost $49 million last year and has fewer users than any other social network that has gone public. William Brangham discussed more with Dan Alexander.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:
TikTok:   / pbsnews  
Twitter:   / newshour  
Instagram:   / newshour  
Facebook: http://www.pbs.org/newshour

Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe

show more

Share/Embed