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Truth Social reports $58 million loss: share price in freefall

Monday April 1, 2024. 07:51 PM , from BoingBoing
Truth Social reports $58 million loss: share price in freefall
Reality is catching up with Donald Trump's Truth Social. The company that owns it has delivered its first full-year financial results and they're about as wonderful as a Lara Trump song.
As reported by Forbes' Derek Saul, Trump Media's stock (DJT, because of course it is) nosedived 25% after revealing paltry revenues of $4.1 million and a net loss of $58.2 million for 2023. — Read the rest
The post Truth Social reports $58 million loss: share price in freefall appeared first on Boing Boing.
Read more at BoingBoing
https://boingboing.net/2024/04/01/truth-social-reports-58-million-loss-share-price-in-freefall.html

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