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Why Truth Social's stock price soared despite company reporting $49M loss last year

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Donald Trump’s Truth Social made its debut on the Nasdaq Tuesday. The stock price soared, powered by supporters looking to invest in the former president's business. But the platform’s stock success doesn’t seem to match its financials. Truth Social lost $49 million last year and has fewer users than any other social network that has gone public. William Brangham discussed more with Dan Alexander.

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Category
U.S. & Canada
Tags
trump, trump truth social, truth social
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