Trump Media stock falls more than 21% after company discloses $58 million loss for 2023

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Less than a week after a flashy stock market debut, Donald Trump’s social media company has disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%.

FILE - The Truth Social account for former President Donald Trump is seen on a mobile device, Wednesday, March 20, 2024, in New York. On Monday, April 1, less than a week after a flashy stock market debut, Trump's social media company disclosed that it lost nearly $58.2 million in 2023. , Donald Trump's social media company on Monday disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%.— mark a stark decline compared with the profit of $50.

On Monday, shares for these so-called meme stocks slid as well, with GameStop and AMC down more than 4% and 15%, respectfully, at market close. And Reddit, another company that

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 80. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Trump Media stock falls more than 21% after company discloses $58 million loss for 2023Less than a week after a flashy stock market debut, Donald Trump’s social media company has disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Trump Media stock falls more than 21% after company discloses $58 million loss for 2023Less than a week after a flashy stock market debut, Donald Trump’s social media company has disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »

Trump Media stock closes 21% lower after company reports $58 million loss for 2023Trump Media, whose majority shareholder is former President Donald Trump, “expects to incur operating losses for the foreseeable future,” the filing…
Fonte: NBCDFW - 🏆 288. / 63 Consulte Mais informação »

Trump Media shares fall sharply after company reports net loss of $58 million in 2023Trump Media, whose majority shareholder is former President Donald Trump, 'expects to incur operating losses for the foreseeable future,' the filing says.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Trump’s media company lost $58 million in 2023Truth Social owner Trump Media & Technology Group disclosed Monday that it lost more than $58 million and generated very little revenue in 2023.
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »