Saturday, April 6, 2024
Trump Media stock drops 10% to a new low on its worst day yet
Trump Media disclosed in the SEC filing that it "lacks the financial resources it needs to sustain operations for a reasonable period of time," which it defined as one year from Monday, raising "substantial doubt" as to its ability to continue operations. The company said it expects to continue incurring operating losses and negative cash flow "for the foreseeable future."…
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