Trump Media losses surge as it hands staff $107 million in stock
Published On Feb 15, 2025, 7:46 AM
Trump Media & Technology Group disclosed a significant $401 million loss for the last year while rewarding its employees with over $107 million in stock. Its annual revenue fell by more than 12%, totaling $3.6 million. The company is running a large accumulated deficit of $2.9 billion, and despite these poor financial results, its stock has shown volatility similar to meme stocks, largely influenced by the political presence of Donald Trump, the company's largest shareholder.
Stock Forecasts
DJT
Negative
Given the substantial losses and the declining revenue, along with a large accumulated deficit, the company is facing significant financial challenges. The stock's previous volatility may not be sustainable as investor sentiment shifts due to the company's fundamentals.
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