Donald Trump is suing two co-founders of Trump Media & Technology Group, arguing that they should forfeit their stock in the company because they set it up improperly.
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Trump Media & Technology Group shares plummet after reporting $60 million lossShares of Trump Media & Technology Group (TMTG) dropped by over 23% after reporting a loss of nearly $60 million. The company, which went public through a merger with Digital World Acquisition Corp., had a revenue of $4.1 million but an operating loss of over $58 million. The stock surged during its market debut but declined significantly after the disclosure.
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