Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
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Trump Media reported a $19.2 million loss for the third quarter, with a slight drop in revenue, as revealed in a surprise Election Day filing.
November 05, 2024 | 10:45 pm
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NEGATIVE IMPACT
Trump Media, associated with Digital World Acquisition Corp (DWAC), reported a $19.2 million loss for Q3 and a slight revenue drop.
The reported $19.2 million loss and revenue decline for Trump Media, which is associated with DWAC, could negatively impact investor sentiment and DWAC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80