's media company lost $58 million last year, according to a new media filing, as skeptics said the multi-billion company had the hallmarks of a 'meme' stock. The company had $4.1 million in revenues for 2023, according to the new filing. That comes after Trump media rocketed to an $8 billion valuation when it mades its debut on the NASDAQ, even as it was a meme stock posing ethical concerns.The company was valued at about $7.5 billion Monday morning following the release of the report, with share prices down in the low 50s, after peaking at nearly $75 last week.
Load More
Load More