Trump Media Groupβs stock is tumbling again after the company announced a potentially massive new influx of shares. The struggling company is rapidly losing money, and a new stock offering could help it stay afloat.
But thereβs a downside to going back to the market with more shares: The addition of 21.5 million shares for sale announced Monday would add more than 15% more stock to the publicly available shares of the Truth Social owner.
https://www.cnn.com/2024/04/15/investing/trump-stock-new-shares/index.html
@Dane β
@realJanet β
@piquant00β @k_ratoncita β @Razdawg22 β
@daniel β
Been out and about doing odds and ends kinda things this morning.
Going to try the sunshine on the deck soon.
@MHS_Jenkins β
@AkomoCombine β
@TrueBloodNet β
@piquant00 β morning
@KazzyH β
@OllieEatsBrains and any new or newish Cosonauts who may still need help finding their way around.
A warm welcome to the oasis of sanity & fun that is CoSo
Grab the user guide https://help.counter.social/en/latest/index.html
Check /#cosotips for more useful info. A list of the most used & classic hashtags is in the user guide to help you find stuff of interest. Fridays are Movie Nights
Hang out by the Community Firehose, strike up/join in a conversation or holler for /#help π Most of all, ENJOY
@lebrak β
β Nice to hear you re enjoying your open balcony doors and MΓ€uschen can put on some km there.
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