William Lindsey :toad: on Nostr: "The Trump Media and Technology Group on Monday reported a net loss of $327.6 million ...
"The Trump Media and Technology Group on Monday reported a net loss of $327.6 million last quarter, sending shares of the Truth Social owner down about 5%, closing at $48.38. And yet, that means the money-losing company is still worth north of $6 billion! 'I can’t emphasize enough how unusual it is for a company with this little revenue to have this high a valuation,' analyst Matthew Kennedy told CNN's Matt Egan."
~ Oliver Darcy
#Trump #TruthSocial
https://view.newsletters.cnn.com/messages/171625728400521ae5b6a6721/rawPublished at
2024-05-21 13:29:00Event JSON
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