Trump Media stock plunges 21% after announcing $58M loss in 2023

Trump Media stock plunges 21% after announcing $58M loss in 2023

Assessment

Interactive Video

Business

University

Hard

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Trump Media's stock plunged after revealing a $58.2 million loss against $4.1 million in revenue. The share price dropped 21% to $48.66, having previously reached $79. Early investors faced significant losses as the stock traded under the symbol DJT on NASDAQ.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant financial loss did Trump Media report for the last year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much revenue did Trump Media generate last year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

By what percentage did the company's share price drop on Monday?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the closing share price of Trump Media on Monday?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the highest share price reached by Trump Media after it began trading?

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OFF