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Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its brands consist of Truth Social, TMTG+, and TMTG News. TMTG is also engaged in operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a newly opened data center as the Company works to bring additional data centers into operation. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack.


NDAQ:DJT - Post by User

Post by Tradinghandson Nov 17, 2024 1:45pm
51 Views
Post# 36317217

Trump Media has lost almost 50% (this is a better link)

Trump Media has lost almost 50% (this is a better link)Someone doesnt know how to run a company but knows how to ruin a company! I made a mistake in the last post saying that 2024 losses were $336Mil but its $363Mil with revenues of $2.6Mil talk about a disconnect in SP value and I value this at $2.50 - $3 tops!


TMTG’s most recent earnings report for the third quarter of 2024 showed it had lost $363 million since the start of the year. During that time, it only generated $2.6 million in top-line earnings. The disconnect between TMTG’s business outcomes and its share price have led to accusations that it is a meme stock. Now with Trump back in the White House the company’s future is somewhat uncertain.



Trump Media has lost almost 50% of its value since a preelection rally sent the stock soaring
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