Small-time investors in Trump’s Truth Social reckon with stock collapse
The Washington Post reports: Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole nest egg,” he said. That nest egg has lost more than half its value in the past two weeks as Trump Media & Technology Group’s share…