Trump Media & Technology Group lost $58m last year, shares sink
Trump Media & Technology Group shares tumbled more than 14% Monday after the company disclosed it lost more than $58 million in 2023.
DJT shares are down 15.75% as of 11:33 am ET on Monday, trading at $52.20 per share. Last week, the stock climbed over $79 in intraday trading after it closed its blank-check deal. Trump Media’s revenue in 2023 rose from the $1.47 million reported for 2022. The company posted a $50.5 million profit in 2022, which was boosted by a change in the value of its convertible notes.Truth Social stock is up 341% over the past year and Trump is now on Frobest 500 richest people list. Cry harder. The only people losing are Americans while Biden is in office.
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Truth Social parent company Trump Media & Technology Group to become publicly traded companyEXCLUSIVE: Shareholders voted Friday to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded entity, Fox News Digital has learned.
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Trump Media & Technology Group Corp Stock Price Today | NASDAQ DJT Live TickerView today's Trump Media & Technology Group Corp stock price and latest DJT news and analysis. Create real-time notifications to follow any changes in the live stock price.
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Trump's Truth Social Stock Spikes on Market DebutShares of Trump Media & Technology Group Corp. opened its first trading day up.
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DWAC climbs about 25% after shareholders approve merger with Trump's media groupA potential windfall from selling shares could help pay for Trump's legal bills and his damage judgments of over $500 million in three separate cases.
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DWAC climbs 10% after shareholders approve merger with Trump's media groupA potential windfall from selling shares could help pay for Trump’s legal bills and his damage judgments of over $500 million in three separate cases.
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EBOE approves personnel actionsTrump Media & Technology Group, the owner of Trump's struggling social media platform Truth Social, is on the cusp of going public next week. If shareholders vote to approve Trump Media's merger, Trump will own shares worth more than $3 billion at current market prices.
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