Trump Supporters Double Down on Trump Media Investments Despite Criminal Conviction and Warnings from Wall Street from quizizz log out Watch Video
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⏲ Duration: 0:39 👁 View: 105K times ✓ Published: 04-Jun-2024
Description: Many Trump supporters are holding shares in Trump Media & Technology Group and, in some cases, purchasing more shares, following the former president's recent conviction in New York. Professional investors have warned against investing in TMTG, citing the company's high valuation despite its poor financial performance and the various risks it faces, including Trump's legal troubles and potential electoral outcomes. There is also a risk that Trump could cash out his shares, negatively impacting shareholders. Supporters remain unwavering in their belief in Trump and the potential of Truth Social, despite the risks.