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DJT
CNBC
186 days

Trump Media reports $400 million in 2024 losses

1. Trump Media reported a $2.36 loss per share in 2024. 2. Revenue declined 12% year-over-year to $3.6 million. 3. Merger-related legal fees increased due to SEC obstruction. 4. Trump Media stock is down 11% year-to-date, market cap at $6.59 billion. 5. The company aims to explore partnerships and acquisitions for growth.

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FAQ

Why Bearish?

The significant loss per share and declining revenue indicate potential ongoing struggles, similar to past underperformers like Meta.

How important is it?

This article highlights financial struggles that could impact DJT's stock performance, especially post-merger.

Why Short Term?

The immediate decline in revenue and legal challenges may affect price rapidly, reflecting recent earnings' impact on stock values.

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