Trump Media shares drop by more than 10%, putting market cap under $5 billion
Publishing timestamp: 2024-04-10 13:46:36
Summary
The share price of Trump Media, owned by former President Donald Trump, has dropped by more than 10% putting the company's market capitalization below $5 billion. Trump's shares have also seen a steep drop in value. The company reported revenue of $4.1 million for 2023 and a net loss of $58 million for the year.
Sentiment: NEGATIVE
Tickers: DJT,
Keywords: markets, trump media & technology group corp, social media, business, breaking news: markets, business news, breaking news: politics, politics, donald trump,
Source: https://www.cnbc.com/2024/04/10/trump-media-stock-shares-drop-by-more-than-6percent.html