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The Latest Breaking News from TMTG

Trump Media Shares Rise In Pre-market Trading Following Biden's Poor Debate Performance

Trump Media Shares increased in pre-market, then nosedived following the poor performance of President Joe Biden during Thursday's presidential debate.

International Business Times

LinkedIn co-founder slams $6 billion valuation for Trump's Truth Social

LinkedIn co-founder slams $6 billion valuation for Trump's Truth Social

Trump Media has a market value of roughly $6 billion, more than 1,400 times the revenue it pulled in last year.

Trump Media share price shows the mixed emotions of his supporters

Trump Media share price shows the mixed emotions of his supporters

Volatility ramps up following conviction.

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Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

Company says losses are result of recent merger but share price has dropped 13.2% since Friday

The Independent UK

Trump's Social Media Company Discloses FINRA Inquiry

FINRA inquiry into TMTG's social media plans raises concerns and potential impacts on the company's future.

Parent Company Of Trump's Truth Social Posts $328 Mln Loss

TMTG, which recently went public, posted a net loss of $327.6 million from January to March, compared with $210,300 in net losses for the same period last year, according to a company statement.

Parent Company Of Trump's Truth Social Posts $328M Loss

Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.

International Business Times

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Trump media company lost more than $327m in first quarter

Trump media company lost more than $327m in first quarter

Company said its focus is ‘long-term product development, rather than quarterly revenue’

The Independent UK

Trump Media & Technology Group Stock Rebounds After Turmoil

Trump Media & Technology Group Stock Rebounds After Turmoil

Trump Media & Technology Group's stock, TMTG (DJT), rebounds by 15.6% after recent turmoil. Company's association with former President Donald Trump attrac...

Trump Media & Technology Group Stock Plummets Amid Financial Struggles

Trump Media & Technology Group Stock Plummets Amid Financial Struggles

Trump Media & Technology Group's stock faces challenges with declining value and financial struggles, impacting investor confidence.

Market Correction: Trump Stock Tumbles After Buoyant Debut

Market Correction: Trump Stock Tumbles After Buoyant Debut

After a winning debut on Wall Street last month, Donald Trump's media group has suffered a bruising retreat, denting the Republican candidate's wealth as he faces legal challenges.

International Business Times

Insider Trading Alert: Brothers Confess To Illicit Profits In Trump Media's Public Debut

Insider Trading Alert: Brothers Confess To Illicit Profits In Trump Media's Public Debut

Michael and Gerald Shvartsman admit to insider trading, casting shadows over Trump Media's public listing and sparking legal turmoil.

International Business Times

Trump sues ex-Apprentice contestants over ‘failings’ in setting up Truth Social

Trump sues ex-Apprentice contestants over ‘failings’ in setting up Truth Social

Former president seeks to block Wesley Moss and Andrew Litinsky from receiving Trump Media stock worth over $400m

The Guardian - US

Trump's Truth Social lost $58 million in 2023

There is a huge disconnect between the company's financial fundamentals and its stock price.

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International Business Times

NASDAQ Awaits TMTG: Truth Social's Launch Marks Milestone For Trump's Media Venture

Trump Media & Technology Group Corp. (TMTG), is on the brink of entering the NASDAQ market,following a merger with Digital World Acquisition Corp. (DWAC).

International Business Times UK

Trump Endorses Truth Social Amid DWAC Stock Plunge: A Tale of Social Media Merger Drama

Former President Trump's media venture, Truth Social, faces financial losses amid legal battles, set to debut on NASDAQ soon

International Business Times

Truth Social's IPO: A Triumph Or A Trial For Trump's Financial Future?

Trump's stake in Truth Social may offer significant paper wealth, but legal and financial constraints could delay his ability to cash in.

Trump's Truth Social Wall Street Debut: What To Expect

Trump's Truth Social network faces uncertainties on Wall Street debut with potential billion-dollar value but ongoing losses.

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Trump Media Libel Lawsuit Against Washington Post Dismissed, but Might Be Refiled With More Detailed "Actual Malice" Allegations

From today's opinion in Trump Media & Technology Group Corp. v. WP Co. LLC, decided by Judge Tom Barber (M.D. Fla.): This lawsuit for defamation by Plaintiff Trump Media & Technology Group Corp. ("TMTG") against Defendant WP Company LLC (the "Post") arises from an article titled "Trust linked to porn-friendly…

The Independent UK

Trump’s Truth Social sues 20 media outlets over financial loss reports

Trump Media & Technology Group suffered a net loss of $31.6m between the organisation’s founding in February 2021 and 30 June 2023, SEC filing states

The Independent UK

Jimmy Kimmel delivers droll response to Trump’s demand for apology over Truth Social segment

Jimmy Kimmel has fired back at Donald Trump’s media company after they demanded an apology for the talk show host’s recent segment on Truth Social.

Truth Social’s Parent Company Reports A $73 Million Losss

Former President Donald Trump's legal troubles could potential hurt his profits on his company and platform.

Evening Standard

Donald Trump’s Truth Social platform lost $31m since launch to mid-2023, filing shows

Donald Trump’s social media platform Truth Social has lost $31.6 million from its launch in early 2022 to mid-2023, a new securities filing has revealed.

Truth Social posts $23M loss: report

Trump's social media platform is struggling, SEC filing shows

The Guardian - US

Trump’s Truth Social platform has lost $73m since launch, filing shows

Platform posted loss of $50m in 2022, with net sales of just $1.4m, and lost $23m in first half of this year, with net sales of $2.3m

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