Trump’s media company raises going-concern doubts; shares tumble

Trump’s media company raises going-concern doubts; shares tumble

Business
April 1, 2024 by secret
26
[ad_1] (Reuters) -Shares of Trump Media & Technology Group fell nearly 18% on Monday as the parent of Truth Social platform raised going-concern doubts due to struggles to meet its financial liabilities just days after going public through a blank-check merger. The company posted a net loss of $58.2 million in the year ended December