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Nirmitee Robotics India Limited (543194) ✌️【Risk Avoidance】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Truth Social owner Trump Media & Technology Group, Trump’ssocial media company, initially skyrocketed in value after 【 - Free Best Performing Stock Suggestions 】 and other media outlets projected Trump won Tuesday’s presidential election.
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But between September 23 and the end of October, Trump Media more than tripled in value — a stunning spike driven by bets that Trump would win the White House.
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“A lot of people got fooled by the Iowa poll,” Tuttle said, referencing apolllast weekend that found Trump no longer in the lead in a state he won twice.
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“The magnitude of his victory helps, but longer term they need to come up with some sort of strategy,” Tuttle said.
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“Fundamentals don’t matter,” said Michael Block, chief operating officer and co-founder at AgentSmyth, an autonomous AI agent platform for investment ideas.
Block argued the market value reflects the value of a media company branded by “someone shaping up to be perhaps the most consequential person of the 21st century.”
“Forget about the past 40 years and the string of bankruptcies. Think about the here and now and what the brand is worth,” Block said.
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