Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
Thursday, 7 November 2024 () Trump Media, the parent company of Truth Social, reported a loss of USD 19.2 million in the last quarter. The company attributed the loss to legal fees and declining revenue. Despite the financial struggles, the company's stock price surged following Trump's presidential win.
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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.... IndiaTimes