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What will be the state of Truth Social platform by the end of 2024?
5
Resolution / Starting Odds
Platform growth • 33%
No significant change • 34%
Platform decline • 33%
Publicly accessible reports and statements from Trump Media and Technology Group
Story
Trump Media Shares Plunge 8% After Trump's Conviction on 34 Counts
May 31, 2024, 12:46 PM
Shares of Trump Media and Technology Group fell sharply after former President Donald Trump was found guilty on all 34 counts in the hush-money case. The stock dropped 8% in premarket trading on Friday, following a 9% decline in after-hours trading. Trump was convicted of falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election. As the company's largest investor and primary user of its Truth Social platform, Trump's conviction has had a significant impact on the company's stock performance. The stock was down -0.3% premarket, according to CNBC.
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No significant action • 33%
Fines or penalties issued • 33%
Policy changes mandated • 33%
Operational • 25%
Shutdown • 25%
Sold • 25%
Rebranded • 25%
Continues as it is • 33%
Under new management • 33%
Ceases operation • 33%
Increase • 33%
Decrease • 33%
No Change • 34%
Increased transparency measures • 25%
No significant changes • 25%
Partnerships with other research entities • 25%
Other actions • 25%
Launch of similar features • 25%
Partnerships or acquisitions • 25%
No significant response • 25%
Legal actions • 25%
No action taken • 25%
Warning issued • 25%
Fine imposed • 25%
Other regulatory action • 25%
Less than 10 million • 25%
10 million to 20 million • 25%
20 million to 50 million • 25%
More than 50 million • 25%