The Truth on Truth Social: Trump Media Shares Have Very Little Value

Movie Coverages 2024-06-30

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It's no secret that Trump Media & Technology Group stock has been the center of controversy and intrigue in recent times. It's been facing some challenges when it comes to revenue and bottom line results. Recent data shows a decline in revenue and net losses, which is a cause for concern. What adds to the complexity is the lack of transparency for shareholders to evaluate the company's performance accurately. The valuation of the company further complicates the matter. With a market capitalization of approximately $7 billion, there seems to be little justification for such a high value. The company's fundamentals simply do not support this market cap. In fact, when compared to daily active user metrics, the valuation suggests a potential downside of over 90%. Some argue that the market capitalization should be worth only a fraction of its current value. Stay informed with the facts, on Fan Reviews News.

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