After his party suffered a historic defeat in this week’s midterm elections, president Donald Trump’s Truth Social is following suit.

Shares of the social media platform’s parent company, Trump Media & Technology Group (TMTG), hit an all-time low after Trump’s candidate picks were roundly rejected by American voters. As it turned out, investors weren’t finished. Shares plummeted another ten percent on Thursday, compounding major losses. The stock temporarily even dropped below the $4 mark, a dismal abyss after the $80 share price the company recorded in March 2024 shortly after…