Trump Media stock closes down 8.6% after posting $327.6 million loss in first quarter
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  • Trump Media lost more than $300 million last quarter on very little revenue

    Trump Media & Technology Group lost more than $300 million during the first quarter and generated very little revenue, the owner of Truth Social announced in a press release Monday. The results will raise additional questions about the multi-billion dollar valuation on the newly public company, which is majority owned by former President Donald Trump. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. In...