No. of Recommendations: 2
Apparently valuing a business is just another thing MAGAs can't do...
A $6.6 Billion Market Cap for a "company" with revenue of $777,000 and another alarming quarterly loss, this time -$327 Million.
The quarterly filing comes after the SEC charged Trump Media’s former auditor, BF Borgers, with massive fraud earlier this month.
At the closing bell on Monday, DJT had a price of $48.38 a share, significantly down from its debut peak of $80.
In April, Truth Social reported it had 113,000 average daily active US users.
What a joke! Another Trump Con, nothing more.
Maybe they should change the symbol from DJT to SCAM?
Billionaire media mogul Barry Diller summed it up perfectly saying,
"Trump Media is a scam stock bought by dopes."
