Trump Media shares plunge after company reports $58 million loss in 2023 ...Middle East

Former President Trump's social media company plunged in the stock market Monday after reporting a $58 million annual loss in Monday regulatory filings. Shares of Trump Media & Technology Group, the parent company of Trump's Truth Social platform, were down roughly 24 percent shortly after 1 p.m. EDT. The price of a share was down to roughly $47. Trump Media merged with "blank check" company Digital World Acquistion Corp. (DWAC) in March, allowing Trump's social media company to become publicly traded. DWAC shares closed at just under $50 the day before the newly combined company hit the stock market. The nosedrive in Trump Media shares came after the company reported a loss of $

Hence then, the article about trump media shares plunge after company reports 58 million loss in 2023 was published today ( Monday 01/04/2024 - 08:32 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Trump Media shares plunge after company reports $58 million loss in 2023 )

For more, read the news from the source

Last updated : 01 April 2024 clock 08:32 PM

Also on site :

Trump Media shares plunge after company reports $58 million loss in 2023 ...Middle East

Pragmata's development team included a group of women known as the "Diana Police" to convincingly capture her child-like innocence

Take-Two's ex-AI boss says the generative AI hype is "poisoning the well" and could ward off all use of traditional AI in the future

World’s first AI museum is vibrant sensory overload — but is it really ‘art’?

Qualcomm Is Copying Samsung Exynos 2600’s Heat Path Block For Snapdragon 8 Elite Gen 6 Pro, But Has Botched The Implementation

Intel’s Core 3 304 Ties Apple’s A18 Pro In Single-Thread PassMark, Despite Running One Fewer Core

Call of Duty: Black Ops 1&2 PlayStation re-releases are not remasters, Activision confirms: here's why you should temper your expectations

Steam Controller demand is so high Valve is changing reservation estimates, and some customers won't get theirs until 2027

First PassMark Numbers For Intel Core Ultra 7 270HX Plus Put It Ahead Of Ultra 9 275HX In Both Single And Multi-Threaded Performance

ASML May Have Shipped Banned Machine To China Says US Government – Firm Denies Claim

Crimson Desert Patch 1.12 Lets Damiane and Oongka Ride The Dragon While Reducing Load Times And Fulfilling More Community Wishes

AMD Reportedly Plots Another 10-15% RX 9000 Price Hike As The RAMpocalypse Swallows The GPU Market

Amazon's Fallout series has scored itself some impressive talent, with Star Wars and The Hobbit actors all joining for season three

Where Winds Meet Developer Q&A: Hidden Mountain’s Vertical Exploration, Future Roadmap, and Ongoing Netcode and Performance Optimization

AMD Reportedly Plots Another 10-15% RX 9000 Price Hike As The RAMpocalypse Swallows The GPU Market

Trump Mobile’s PR Firm Just Walked Away From The Embattled T1 Phone, Indicating Just How Precarious The Optics Have Become

World’s first AI museum is vibrant sensory overload — but is it really ‘art’?

Qualcomm Is Copying Samsung Exynos 2600’s Heat Path Block For Snapdragon 8 Elite Gen 6 Pro, But Has Botched The Implementation

Take-Two's ex-AI boss says the generative AI hype is "poisoning the well" and could ward off all use of traditional AI in the future

MSI’s MAG Infinite Z 8B Pairs RTX 5070 Ti With Silent Storm Cooling AI To Tame Heat In A Tiny Chassis

Battlefield 6's next update is bringing back a classic mechanic… from Call of Duty: Ghosts

Amazon's Fallout series has scored itself some impressive talent, with Star Wars and The Hobbit actors all joining for season three

Game Pass Could’ve Worked, Moon Studios Boss Says, But Xbox Never Delivered the Big Hits It Needed

Court orders Ohio restrictions on kids’ use of social media restored

Intel’s Core 3 304 Ties Apple’s A18 Pro In Single-Thread PassMark, Despite Running One Fewer Core

Steam Controller demand is so high Valve is changing reservation estimates, and some customers won't get theirs until 2027

First PassMark Numbers For Intel Core Ultra 7 270HX Plus Put It Ahead Of Ultra 9 275HX In Both Single And Multi-Threaded Performance

Pragmata's development team included a group of women known as the "Diana Police" to convincingly capture her child-like innocence