Tag: Trump Media & Technology Group Corp

Trump tries to boost support for Truth Social as his media stock tanks

ichitra.digital

[ad_1] Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock continues to sink lower. Trump in a post on that app said he believes Truth Social embodies the political “movement” behind his “Make America Great Again” presidential campaign slogan, adding that “it shows the Spirit and Love of our Country.” “If people who believe in putting America First and want to Make America Great Again, support TRUTH,” Trump wrote. “We will be your Voice like never before, and a…

Trump is about to face trial on criminal hush money charges. Here's what to know

ichitra.digital

[ad_1] Former U.S. President Donald Trump speaks from the hallway outside a courtroom where he is attending a hearing in his criminal case on charges stemming from hush money paid to a porn star, in New York City on March 25, 2024. Brendan Mcdermid | Reuters Donald Trump has used every legal tool at his disposal to try to dismiss, diminish or delay the four active criminal cases against him. But on Monday, barring a last-minute court intervention, Trump will become the first former president ever to be tried on…

Trump Media plunges more than 25% after company reports net loss of $58 million in 2023

ichitra.digital

Trump Media, the company behind the Truth Social app linked to former President Donald Trump, reports a significant net loss in 2023, leading to a sharp decline in share price. Despite high market capitalization, financial filings reveal ongoing operating losses and internal control weaknesses, raising concerns about the company’s future viability and unique risks associated with Trump’s involvement. [ad_1] This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani…