Donald Trump's social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock exchange. That decades-ago previous experience, however, did not end well for the company or its investors.
shares on Friday closed nearly 14% lower than their opening price. The impending IPO comes as the presumptive GOP presidential nominee is experiencing a very public cash crunch. Earlier this month he posted a $91 million bond to pause writer E. Jean Carroll's defamation award against him while he appeals it.
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