The company madse only $770.500…….
I have been post the stock prices here…
The stock SHOULD be worth about $2 a share ….
It traded for $48.38 at the close of the market today…..
The stock seems to NOT have anythging to do reality…..
Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million.
Shares in Sarasota, Fla.-based TMTG — which says it is a “safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations” — began trading March 26, 2024, on Nasdaq under the ticker symbol “DJT” following its merger with special purpose acquisition company Digital World Acquisition Corp. (DWAC). At Monday’s closing price of $48.38/share, TMTG has a market capitalization of about $6.6 billion.
Crazy Shot……
Trump Media @ $44,09 right now…..
Only a $4 drop with the financial news from the 1st Qtr..,.