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The Daily Swell
@daily · 4:49

Truth Social soars in first day of trading: Cutting through the noise

article image placeholderTruth Social parent company shares soar in stock market debut
I don't think this in particular is going to help fund anything in the short term. Now, especially after the meme stock phenomenon we saw a couple of years ago, I'm not surprised by this move. I knew that this would probably pump up a little bit today, but everything I've ever seen on Wall street has shown that fundamentals eventually rue the day. And the fundamentals here just do not support a $14 billion valuation

https://s.swell.life/SU88nvZUamKxGxd

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