Biden Zings Trump Over Shrinking Truth Social Stock on Campaign Trail
President Joe Biden indulged in some good old-fashioned Trump-bashing along the campaign trail on Tuesday, needling his rival about his media company’s plunging shares during a speech in Scranton, Pennsylvania.
“You know, I have to say, if Trump’s stock in Truth Social—his company—drops any lower, he might do better under my tax plan than his,” Biden said to a surge of laughter and applause. “Possibly.”
Stock in Trump Media & Technology Group (DJT) has tumbled a staggering 68 percent since its initial offering in late March. Widely viewed as a meme stock, it was nevertheless snapped up by MAGA-loving day traders and quickly peaked at $80 a share on the second day of trading.