Seth Meyers Bursts Trump Supporters' Bubble With 1 Line From Truth Social Filing

The share price of Donald Trump s newly Nasdaq-traded Trump Media & Technology Group may currently be soaring .

But Seth Meyers predicted on Thursday that theres a good chance the bubble may burst on the value of the company, which has presumptive GOP nominee Trumps DJT initials as its ticker symbol.

The stocks value is based entirely on one thing, which is Trumps brand, said the Late Night comedian, who argued Trump supporters are artificially propping up the value of the company, the central product of which is the Truth Social platform that Trump uses for his regular rants.

Meyers then noted how in its own SEC filings, the company admitted Trump could tank the value of the company if he is found guilty amid his myriad legal woes.

The loss-making organization is an abject failure with dwindling users, noted  Meyers. Its just a dumb Twitter ripoff for MAGA trolls, he added.

Trumps stock market windfall has nothing to do with the reality of his business and thats obvious to everyone, he said. Its just a buying spree fueled by Trump supporters and traders capitalizing on the enthusiasm of Trump supporters.

Watch the video here:

And watch Meyers monologue, in which he mocked former Trump White House counselor Kellyanne Conway s possible return to Trumps orbit, here: