Trump's Truth Social platform experiences a 21% stock price drop after financial filings reveal a $58 million loss in 2023. Despite this, the company is valued at $6 billion. Trump defends Truth Social as 'very solid' amid the decline.
🚨 TRUTH SOCIAL BLEEDS $58M | TRUMP'S SHARE SOARS TO BILLIONS Truth Social reported a loss of $58 million last year on just $4 million in revenue. Yet, Trump's stake in the venture skyrockets as company execs pocket millions in salaries and stock. Source: WaPo https://t.co/7wt2ONthqx
Trump Seethes as Truth Social's Stock Price Gets Absolutely Hammered https://t.co/1VpbexflCQ
Trump after he sees the Truth Social stock price: https://t.co/xClBOlTaSW
Trump touts Truth Social as ‘amazing’ startup amid stock decline as short sellers move in https://t.co/cX8CuONvbw
Former President Trump argued that Truth Social is "very solid" after the platform's parent company reported a $58 million loss last year and saw its shares plunge more than 20 percent. https://t.co/xOXCjuTTda
How Much Is Trump’s Truth Social Worth? https://t.co/vKCn1KQWMQ
Trump's Truth Social shares plummet by 21% after financial filings revealed the company lost $58million in 2023... but it is still worth $6 billion https://t.co/qrknUdyAk6 https://t.co/lVezJCnpJp