All posts tagged "Trump Media And Technology Group"

A Trump media company reached a new low with its stock prices as it continues to take hits, per a new report.

Futurism, which publishes science and technology news, reported that the Trump Media & Technology Group sank to the lowest stock price in its history this week.

The company, which first went public in 2024, runs Trump's social media platform, Truth Social, and it trades on the Nasdaq with the president's own initials, DJT. That didn't stop it from falling below $8 this week, however, according to Futurism, which noted the stock even touched an intraday low of $7.61....

Trump's social media platform is struggling as it just reported more than $400 million in losses during the most recent quarter, according to recent reports.

Truth Social, run by the Trump Media and Technology Group, reported a net loss of more than $400 million and less than $1 million in total sales during the first three months of 2026, according to a Variety article on Friday.

Most of the losses came from "non-cash losses, including unrealized losses on digital assets, digital assets pledged and equity securities," according to a press release from Trump Media and Technology Group. Variety noted that the losses come after former GOP Rep. Devin Nunes suddenly left as the company's CEO last month. ...