Despite former President Trump's historic conviction, shareholders of his social media company are vowing to stay with him no matter what.
Trump Media shareholder Justin Peedin says he plans to stand by Trump despite the former president's historic conviction.
And now, at a time when many investors would normally flee because of the former president's conviction, Trump Media shareholders are vowing to double down over their anger about a conviction they view as a miscarriage of justice. And now, whether or not these shareholders decide to hang on will determine the fortunes of a company many in Wall Street have panned as a dud.Trump has a lot riding on Trump Media. He owns nearly two-thirds of the company.
“Unfortunately, the world's not just hugs and kisses everywhere. There're people that really want to do harm. And we need strong leadership,” he says. “I'm scared for the future. So, 2024 is a big year. And that's why I'm invested in this, you know?”Peedin is a huge fan of Truth Social. It’s a platform where he and others have found relief from what they see as censorship in rivals such as X and Facebook.
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