Trump Media stock tanks as new filing reveals heavy losses, 'greater risks' on Trump's involvement
Posted: Apr 01, 2024
- Trump Media & Technology Group (DJT) stock fell more than 22% after a strong debut of Truth Social - The company reported sales of $4 million and net losses of nearly $60 million for the full year ending Dec. 31 - Trump Media warned of continued losses and profitability challenges due to Trump's involvement with the platform
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