The truth about Truth Social

It’s been just over a month since Trump Media & Technology Group — ticker symbol DJT — started trading on the Nasdaq. We recently learned from a regulatory filing that the company has issued around $1.5 billion worth of new shares of stock to Trump himself. As of Thursday, Trump Media had a valuation over $6.5 billion.

Cordell Eminent Scholar Jay Ritter says it’s hard to justify the current share price in this report from Marketplace.