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Trump Media suffers $19.2 million loss on election day, shares jump

IndiaTimes 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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