Jimmy Kimmel said shares in Donald Trump’s media company are in “free fall,” with the stock’s price hitting new lows after his brutal debate performance this week.
“His stock price sank faster than his pompadour in a steam room,” Kimmel said, adding that the former president’s shares in Trump Media ― the company behind his Truth Social website ― have lost about $4 billion in value in a matter of months.
Some of Trump’s biggest fans have sunk their personal savings into the company to show their support for the former president.
But Trump himself can start selling off his own shares next week.
“Of course, if he does that, it would immediately tank the stock and screw all the people who invested in it,” Kimmel said. “So of course, he will definitely be doing that, probably the second he’s allowed to.”
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Kimmel also made a bold prediction for Trump’s next move.
“He’ll dump Truth Social, he’ll jump right back on Twitter,” Kimmel said. “Mark my words.”
See more in his Thursday night monologue:
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