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  • The Independent

    Trump’s Truth Social stock tanks after new SEC filings reveal company lost $58m in 2023

    by Oliver O'Connell Apr 01, 2024 2 minutes
    Source: REUTERS

    After a blockbuster debut on the Nasdaq last week, the share price of Donald Trump’s media and technology group plummeted in trading on Monday after post-merger financial statements revealed new details of the company’s business.

    Trump Media & Technology Group, the parent company of social media platform Truth Social, was down as much as 27 per cent in value by lunchtime, having opened at $61.92.

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