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Story perspectives

Trump Media's Stock Plummets Amid Financial Concerns

1/19/2026

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Story summary
  • Trump Media's stock fell from over $60 per share in March 2024 to about $14.
  • Its meme coin dropped from $45 to $5.
  • U.S. President Donald Trump has financial ties to the company, prompting concerns about potential conflicts of interest.
  • Five "America First" ETFs linked to Truth Social aim to capitalize on Trump's brand, despite mixed financial interest and lower user engagement than larger social media platforms.