Trump Loses $1 Billion in a Day as Trump Media Shares Plummet 26%

Benzinga 2024-04-02

Views 20

Donald Trump's net worth dropped by over $1 billion as Trump Media's share value declined by up to 26% on Monday. Trump Media & Technology Group reported a net loss of $58 million in 2023 and revenue of just $4.1 million. Trump owns 57% of Trump Media but can't sell any shares until a six-month lock-up period expires. Last week, Trump's net worth increased by $4 billion after Trump Media's stock market debut. Truth Social has far fewer users than Facebook and Twitter and appeals mainly to Trump supporters.

Share This Video


Download

  
Report form
RELATED VIDEOS