President Biden tried using former President Trump's tactic of giving opponents unflattering nicknames. But when Trump's social media company's stock rose sharply, the strategy went down the drain.
The stock, labeled "DJT" after a merger with Trump Media & Technology Group, saw a significant increase. This came as a surpriseto the Biden-Harris campaign, who had just called Trump "Broke Don."
"Biden may need to rethink his latest campaign strategy of name-calling," said Harris Faulkner of "Outnumbered." Trump's financial gains from the stock increase even put him among the world's richest people.
Trump is known for his own nicknames for rivals, like "Crooked Hillary" and "Sleepy Eyes" Chuck Todd. However, critics say Biden's attempt at nicknames might not be the best move.
On "Outnumbered," the media's reaction to Trump's stock was discussed, including criticism of it as a potential "pump-and-dump" scheme.
Devin Nunes, leading the merged company, touted it as a victory for free speech and a social media alternative. The company aims to defend digital free expression.
The stock's trading was temporarily halted due to policies from the Obama era, designed to handle sudden market changes.
Kevin O'Leary voiced concerns on "Jesse Watters Primetime" that efforts to seize Trump's assets could harm the global financial market's view of America.
Dagen McDowell of FOX Business noted the stock's rise increased Trump's net worth by $1.3 billion, although Trump can't sell his stake yet. She highlighted that the drive behind Truth Social was to bypass censorship after Trump was banned from major platforms.