close
close

Apre-salomemanzo

Breaking: Beyond Headlines!

    • Trump Media Stocks Explode After Election Day Results Release
    aecifo

    Trump Media Stocks Explode After Election Day Results Release

    Umito Posted on

    In what can only be described as impeccable timing, the owner of Donald Trump’s social media company Truth released its third-quarter results Tuesday evening — just as millions of Americans were deciding whether Trump or vice -President Kamala Harris was or was not to be America’s 47th president. the United States.

    Trump Media and Technology Group reported losing more than $19 million in the third quarter with revenue of just $1 million. TMTG has racked up losses since going public earlier this year following a merger with a blank check company.

    But the stock rose more than 6% in extended trading. This follows a rollercoaster day in which stocks ended the day down 1% after surging earlier in the session. TMTG CEO Devin Nunes also said in his earnings release that he would “explore additional growth opportunities, such as possible mergers and acquisitions with companies that would benefit from TMTG’s technology and image.” Trump Media brand, including in the fintech sector.

    Umito
    View all posts

    You Might Also Like