Trump Media Reports $19.2M Loss Amidst Election Day Stock Halt
TL;DR Summary
Trump Media reported a $19.2 million loss in the third quarter, with revenue dropping 5.6% to $1.01 million. The unexpected filing on Election Day, when Donald Trump faces Kamala Harris, led to a 6% rise in after-hours trading despite a volatile day. The company, which trades under DJT, has seen a 34% decline over the past week but remains up 93% year-to-date. Trump Media ended the quarter with $673 million in cash and no debt.
- Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals CNBC
- Trump's Truth Social is still losing money Axios
- Donald Trump's Trump Media posts earnings as DJT stock halts on Election Day. Here are the details. CBS News
- Trump Media Surprises Investors With Quarterly Earnings. The Stock Is Up in After-Hours Trading. Barron's
- Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up Bloomberg
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