Trump Media stock tanks as new filing reveals heavy losses

Some people are only betting on or against the stock because of their feelings about the former president. And that debate is playing out in real time.
Jonathan Macey, a professor at Yale Law School, said this divide helps explain the tug-of-war in the marketplace.
“There are Trump supporters who see a big balloon rising and think that it will never fall to earth,” Macey said. “There are sophisticated investors, who understand things like gravity, and are betting on its swift return to ground.”
 
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