Trading was immediately halted after the market opened.
The special purpose acquisition company that will fund a new social media network headed by former President Donald Trump is set for a second-straight day of colossal gains, with its share price up more than 240% after the markets opened on Friday, after soaring 357% on Thursday. TRUTH Social bills itself as a “rival to the liberal media consortium,” with Trump saying he plans to use the network to regain his presence on social media. “Your favorite American President has been silenced,” Trump said in a statement, referring to his ban from every major social media platform after his supporters stormed the U.
