Trump Media's stock price went down a lot and lost all the money it made since it started trading. This happened because people found out that the company was connected to a man who is in trouble with the law, and also because a judge said that Trump can't stop people from talking about the 2020 election. Some experts think that Trump's supporters might buy more of this stock to help him run for president again in 2024, but the boss of the company says they have enough money and are not worried. Read from source...
- The title is misleading and exaggerated. It implies that the stock price of Trump Media (TRMP) plummeted to zero or close to it, which is not true. According to Yahoo Finance, as of October 20, 2021, the closing price was $38.96, down from the debut price of $100. This represents a significant loss for investors, but not a complete wipeout.
- The article does not provide any context or background information on why Trump Media went public and what are its goals and strategies. It simply assumes that the reader is already familiar with the company and its controversial founder.
- The article uses vague and ambiguous terms to describe the events that led to the stock nosedive, such as "a Russian-American businessman under federal investigation" and "a judge rejecting Donald Trump’s challenge". It does not name any names or provide any specific details or evidence to support its claims.
- The article quotes some unnamed sources who are either affiliated with or opposed to Trump Media, without disclosing their bias or credentials. For example, it cites "CEO of IG North America and president of CBOE Global Markets" as a source for the possible impact of buying TRMP stock on the 2024 election, but does not explain how he is qualified to make such a prediction or what his agenda is.
- The article relies heavily on opinion pieces and social media posts from partisan sources, such as Benzinga Neuro, which claims to be powered by GPT-4, a highly advanced AI language model that can generate realistic and coherent texts based on large amounts of data. However, it does not provide any proof or validation of this claim, nor does it acknowledge the potential risks or limitations of using such a system for creating news content.
- The article ends with an advertisement for Benzinga, which is the same company that owns and operates Benzinga Neuro, the source of the article itself. This creates a conflict of interest and undermines the credibility and objectivity of the journalism.