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The Latest Breaking News from TMTG

Trump Media Stock Plummets On Plans To Issue Millions Of New Shares

DJT stock has dropped 54% in April.

Investors Business Daily

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

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

International Business Times

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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 Media stock tumbles on going-concern warning, Truth Social losses

The market's hottest SPAC listing may be facing a new economic reality.

The Street

Trump Media Stock Swoons As Donald Trump's Social Media Outfit Loses $58 Million

Trump Media stock dropped Monday after regulatory filings showed the Truth Social-parent lost more than $58 million in 2023.

Investors Business Daily

Trump's Truth Social lost $58 million in 2023

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

Axios

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Donald Trump's Truth Social-Parent Surges 16% In Nasdaq Debut

Trump Media stock surged Tuesday after going public on the Nasdaq, trading under the tickers DJT and DJTWW.

Investors Business Daily

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

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 UK

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.

International Business Times

DWAC Stock Rebounds After Trump Merger. Trump Media To Trade Tuesday Under DJT Ticker.

DWAC shareholders approved the Trump Media & Technology Group merger Friday.

Investors Business Daily

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.

Top News

Donald Trump Needs Cash. DWAC To Vote On Trump Media Merger This Week.

DWAC shareholders are scheduled to vote on Trump Media & Technology Group merger on Friday.

Investors Business Daily

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Reason

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…

Investors Business Daily

DWAC, Up 165% YTD, Could Become Donald Trump's Cash Cow. Former President Wins Big On Super Tuesday.

DWAC stock has surged 160% in 2024 with the SEC giving the merger with TMTG the green light and Donald Trump looking like the GOP presidential nominee.

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.

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Zenger

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.

Salon

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

The Independent UK

Trump’s Truth Social warns company may be forced to shut down amid huge losses

Filing reveals Truth Social’s parent company lost over $22m in first half of 2023

The Independent UK

SEC announces settlement with merger partner of Trump’s Truth Social app

The SEC had already announced a $18m settlement

Axios

Trump plots Twitter return

He has a financial incentive to keep the rage flowing on Truth Social, but the election is calling.

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