Rapidcreek@lemmy.world to politics @lemmy.world · 3 months agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comexternal-linkmessage-square36fedilinkarrow-up1207arrow-down19
arrow-up1198arrow-down1external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comRapidcreek@lemmy.world to politics @lemmy.world · 3 months agomessage-square36fedilink
minus-squareFenrirIII@lemmy.worldlinkfedilinkarrow-up6·3 months agoThe problem becomes buying shares means giving Trump money he didn’t earn.
minus-squareSprawlie@lemmy.worldlinkfedilinkarrow-up10·3 months 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.