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

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

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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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