DJT stock falls 8% as Trump Media loses $238 million: what happens next?
Covered by 2 sources · 2 articles
2 outlets - including Cryptotimes and Invezz - are covering this story. Unrealized losses on digital assets and equity securities accounted for much of the $238.1 million Q2 net loss, while revenue rose 89% to $1.7 million.
All coverage
Trump Media (DJT) Stock Falls 8% Amid $238.1 Million Q2 Net Loss
Unrealized losses on digital assets and equity securities accounted for much of the $238.1 million Q2 net loss, while revenue rose 89% to $1.7 million.
DJT stock falls 8% as Trump Media loses $238 million: what happens next?
Trump Media stock (NASDAQ: DJT) dropped 8.03% to $9.39 on Monday before slipping slightly further after hours, as investors confronted another quarter of heavy losses and little revenue. The Truth Social owner reported a $238.1 million seco…