Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Trump's Social Media Company Is HEMORRHAGING Value #TYT
Posted
April 2, 2024
Views
83,976
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2,870
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673
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April 2, 2024
83,976
2,870
673
4.22%
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5:26Now PlayingTrump Media & Technology Group lost over $58 million in 2023. Cenk Uygur and Ana Kasparian discuss on The Young Turks. | Your Support is Crucial to the Show
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"Former President Trump's social media company lost over $58 million on just $4.1 million in revenue during 2023, according to new SEC filings.
Why it matters: There is a massive disconnect between the financial fundamentals and stock performance of Trump Media & Technology Group, which is valued at more than $7 billion after going public last week.
By the numbers: The company lost top-line momentum, generating only $751,000 in Q4. It had topped $1 million in Q3."
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