Donald Trump's social media company lost $58 million last year. Freshly issued shares tumble

NEW YORK — Less than a week after a flashy stock market debut, Donald Trump's social media company is disclosing that it lost nearly $58.2 million in 2023.

Revenue for Trump Media topped just over $4.13 million in 2023, the SEC filing shows, although that's up from $1.47 million in 2022. Trump Media's shares soared in their first couple days of trading — surpassing $79 at one point Tuesday — but have since fallen closer to their initial offering price of $49.95. As of midday Monday, Trump Media's stock plunged more than 23% to below $48, meaning a lot of early investors are taking a hit.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Donald Trump's social media company lost more than $58 million last yearNEW YORK (AP) — Less than a week after a flashy stock market debut, Donald Trump's social media company is disclosing that it lost nearly $58.2 million in...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Donald Trump's social media company lost US$58 million last year. Freshly issued shares tumbleLess than a week after a flashy stock market debut, Donald Trump's social media company is disclosing that it lost nearly US$58.2 million in 2023.
แหล่ง: CTVNews - 🏆 1. / 99 อ่านเพิ่มเติม »