Trump Media & Technology Group, which runs former President Donald Trump’s Truth Social, on Monday reported a first-quarter operating loss of $12.1 million, way more than the $3.6 million of last year. The stock cratered 10% early Tuesday.
Source link
Trump's Truth Social parent loses millions in first quarter; stock flops
Related Posts
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024.Brendan…
Brazil X: Court fines Musk website for site’s brief return
Brazil has fined Elon Musk’s companies after some users in the country were able to briefly access the social media platform X, despite a ban imposed last month.Brazilian users swarmed…