Trump's media company is now trading below its opening stock price. The company on Monday disclosed mounting losses.
Former President Donald Trump's media company appears to be losing its sheen a week after its debut, with shares on Monday tumbling below its opening trading price, shaving more than $4 billion of market value from its peak.The plunge in Trump Media & Technology Group's shares, which debuted on March 25 under the ticker 'DJT' after the former president's initials, comes as it disclosed mounting losses in a regulatory filing.
or Harley-Davidson — all of which have annual revenue in the billions. Trump Media's soaring valuation has prompted comparisons with so-called 'meme' stocks like GameStop, which typically attract individual investors based on social media buzz, rather than the tried-and-true yardsticks relied on by institutional investors, such as profitability and revenue growth.
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Breitbart Business Digest: The Truth About Trump’s Truth Social WindfallSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection. While he’s since been reinstated to both, he’s largely stayed off X, the Elon Musk-owned platform that was once his primary megaphone.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
続きを読む »
What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
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What is Truth Social, Donald Trump’s social media platform?A shareholder vote Friday approved a deal to merge Truth Social with Digital World Acquisition Corp. — a special-purpose acquisition company, or SPAC, also referred to as a blank check company.
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