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Old 19-08-2024, 18:10   #866
1andrew1
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Join Date: Dec 2013
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Re: Trump’s Troubles

Maybe Musk can be encouraged to buy it?
Quote:
Shares in Trump’s social media company hit lowest level since going public

Shares in Donald Trump’s social media company hit their lowest level on Monday since the lossmaking group went public almost five months ago.

Trump Media & Technology shares fell as low as $22.26 in early trade, dipping below their previous April nadir of $22.55 and marking a 72 per cent slide from their late March peak just after the company went public...

This month, the company, which includes Trump’s Truth Social platform, reported revenues of $837,000 in the three months to June, down 30 per cent from the same period last year while net losses shrank to $16.4mn from $22.8mn.
https://www.ft.com/content/8ab41c18-...d-1ad12b281063
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