Trump Media & Technology Group Reports Massive Loss in 2023

Monday, 1 April 2024, 16:34
In 2023, Trump Media & Technology Group announced a staggering loss of over $58 million with minimal revenue. The stock of Truth Social owner, Trump's media venture, plummeted in response to the disappointing financial results. This financial setback reflects the challenges faced by Trump's media empire in the current market landscape. The revealed numbers indicate a significant struggle for the media group in maintaining financial stability.
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Trump Media & Technology Group Reports Massive Loss in 2023

Trump's Media Stock Plunges After Posting a Big Loss for 2023

Truth Social owner Trump Media & Technology Group disclosed Monday that it lost more than $58 million and generated very little revenue in 2023.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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