@Rapidcreek@lemmy.world to politics @lemmy.world • 1 year agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comexternal-linkmessage-square33fedilinkarrow-up1207arrow-down10
arrow-up1207arrow-down1external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.com@Rapidcreek@lemmy.world to politics @lemmy.world • 1 year agomessage-square33fedilink
minus-squareFenrirIIIlinkfedilink5•1 year agoThe problem becomes buying shares means giving Trump money he didn’t earn.
minus-square@Sprawlie@lemmy.worldlinkfedilink9•1 year agoNot if bought on the open market already. The company only receives money on IPO. after that, shares the trade private hands only profit the owner of the share. still, wouldn’t want to give any of these people money for their shares. let them ride them to 0 and trump media shuts down.
The problem becomes buying shares means giving Trump money he didn’t earn.
Not if bought on the open market already.
The company only receives money on IPO. after that, shares the trade private hands only profit the owner of the share.
still, wouldn’t want to give any of these people money for their shares. let them ride them to 0 and trump media shuts down.