Comshaw
VAGITARIAN
- Joined
- Nov 9, 2000
- Posts
- 11,676
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Nearly two-and-a-half years after its launch, Truth Social is struggling to hang onto its small U.S. user base, according to new data on the microblogging platform launched by former President Donald Trump’s media company.
So far in May, U.S. daily visits to Truth Social have dropped more than 21% from April, and more than 35% compared to March, according to digital intelligence platform Similarweb.
https://www.msn.com/en-us/money/mar...p&cvid=1586c9b34b3b4e9bb64d52845f5569cd&ei=23The site’s average number of monthly visits over the past year — just over 4 million from May 2023 to April 2024 — plummeted more than 39% from the prior 12-month period, from May 2022 to April 2023, Similarweb reported.
@BabyBoomer50s @Rightguide
no shit!Some analysts suggested that the conviction may have impacted the performance of TMTG's shares on Friday.
https://www.msn.com/en-us/money/mar...31&cvid=961aea92fe3c45f390eafe0d888737ab&ei=9Matthew Tuttle, founder and CEO of Tuttle Capital Management, told Newsweek that the verdict was "definitely" impacting the stock.
"It trades partially based on any Trump news," Tuttle said. He later said Trump lost "about $314,415,000" when asked how much Trump lost in value from the shares drop on Friday.