Why Donald Trump can still run his media group

We parse the law when it comes to felons and publicly traded companies.
As a convicted felon, Donald Trump could become U.S. president again, but not a cosmetologist in the state of New York.
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The truth about Truth Social

The media company is basically a meme stock, but it's helping former President Trump accumulate wealth.
"This is a small company that is not growing and is losing money hand over fist," said Jay Ritter of the University of Florida.
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Trump's Truth Social debuts on the stock market. Here's what you need to know.

The people purchasing stock of the Trump Media and Technology Group are likely buying shares out of loyalty to the former president rather than faith in it as a good long-term investment, argues the University of Florida's Jay Ritter.
"This is a small company that is not growing and is losing money hand over fist," said Jay Ritter of the University of Florida.
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