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Trump Media shares fall after new SEC filing with reaudited financial statement - TL;DR CNBC

Trump Media shares fall after new SEC filing with reaudited financial statement

Publishing timestamp: 2024-06-10 13:31:40


Summary

Trump Media submits updated inspection of finances by new auditor after previous auditor charged with fraud. Shares initially drop, but company hopes SEC will promptly review amended registration statement. Critics question company's market capitalization compared to revenue. Truth Social struggling to retain users.


Sentiment: MIXED

Tickers: DJT

Keywords: devin nunestrump media & technology group corpelectionsbreaking news: politicsdonald trumpbusiness newsstock marketspolitics

Source: https://www.cnbc.com/2024/06/10/djt-trump-media-files-re-audited-financial-statement.html


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