Trump Media suffers $19.2 million loss on election day, shares jump
Wednesday, 6 November 2024 () Trump Media and Technology Group, the company behind Donald Trump's social media platform Truth Social, reported a USD 19.2 million loss in its latest quarter. The losses were attributed to legal expenses and decreased revenue. Despite the financial challenges, the company's shares saw an uptick following Trump's announcement of another presidential run.
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The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on... SeattlePI.com
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on... SeattlePI.com