Truth Social Stock Is Crashing Even Though Trump Won

What now?Post Vote ClarityShares of president-elect Donald Trump’s social media meme stock are plummeting — despite the controversial 78-year-old’s decisive election victory this week.The value of Truth Social owner Trump Media & Technology Group shares plunged on Thursday, dropping an astonishing 22 percent and wiping out any gains incurred in the week leading up to the election.That’s after spiking 35 percent when trading began on Wednesday, a direct response to Trump being reelected as president.While having no sound business to justify its multi-billion dollar valuation, TMTG has long been seen as…

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