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Trump Media Reports $19.2M Loss Amidst Election Day Stock Halt

1 min read
Source: CNBC
Trump Media Reports $19.2M Loss Amidst Election Day Stock Halt
Photo: CNBC
TL;DR

Trump Media reported a $19.2 million loss in the third quarter, with revenue dropping 5.6% to $1.01 million. The unexpected filing on Election Day, when Donald Trump faces Kamala Harris, led to a 6% rise in after-hours trading despite a volatile day. The company, which trades under DJT, has seen a 34% decline over the past week but remains up 93% year-to-date. Trump Media ended the quarter with $673 million in cash and no debt.

Topics:top-newsbusiness#business#election-impact#financial-loss#stock-market#trump-media#truth-social
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  1. Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals  CNBC
  2. Trump's Truth Social is still losing money  Axios
  3. Donald Trump's Trump Media posts earnings as DJT stock halts on Election Day. Here are the details.  CBS News
  4. Trump Media Surprises Investors With Quarterly Earnings. The Stock Is Up in After-Hours Trading.  Barron's
  5. Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up  Bloomberg

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