(via Truth Social Stock Plunges to Lowest Level in Months - Newsweek)
Speaking to Newsweek, Christopher Phelps, a professor of modern American history at the University of Nottingham in the U.K, suggested the actual value of the company should be lower.
"What is the fair value of a stock's share price when the company is losing money and has never shown a profit?" he said. "What if it is a social media company that is unlikely to attract much advertising because it has only five million active users versus the 368 million on X and 2.9 billion on Facebook?
"Maybe instead of asking whether Truth Social's stock deserves to fall below $40 a share, we should be asking whether it deserves to be above zero."











