politics @lemmy.world • 8 months ago

Trump Media plunges more than 25% after company reports net loss of $58 million in 2023

www.cnbc.com

354

Trump Media plunges more than 25% after company reports net loss of $58 million in 2023

www.cnbc.com

@Rapidcreek@lemmy.world to

politics @lemmy.world • 8 months ago

Trump Media, whose majority shareholder is former President Donald Trump, "expects to incur operating losses for the foreseeable future," the filing says.

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Shirasho
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16•8 months ago
So they either did not do proper finance analysis or they are hiding numbers from shareholders, neither of which inspire confidence.

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