Trump Media stock falls 10 percent as downward slide continues ...Middle East

The Hill - Technology
Trump Media stock falls 10 percent as downward slide continues
source : The Hill ( Middle East ) () 81
Shares in Trump Media & Technology Group, the parent company of former President Trump’s Truth Social platform, continued to fall at the start of the trading week on Monday, dipping another 10 percent. Trump Media’s shares were hovering around $36 as of Monday morning after closing at about $40 on Friday. The latest numbers mark a steep fall for the Trump Media, whose shares initially climbed above $79 after going public nearly two weeks ago. The company’s steady downward slide began last Monday after it reported a $58 million loss in 2023. While Trump Media generated about $4.1 million in revenue last year, it spent roughly $16 million on operating expenses and $39.4 million on int

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