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Trump Media Shares Fall Following Latest Loss And After Former President Returns To Posting On X/Twitter
The company reported scant revenue in the most recent quarter.
On Friday, Trump Media reported a loss of $16.4 million in the most recent quarter, on revenue of $836,900. Trump had last posted on Aug. 24, 2023, when he displayed his mugshot after he was charged in a Georgia election racketeering case. Trump had been banned from Twitter following the attack on the Capitol on January 6, 2021, but Musk reinstated his account when he took over the platform.
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