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Forbes
186 days

Trump Media's Losses Spiked Last Year On $3.6 Million In Sales

1. Trump Media reported a $401 million net loss for 2024. 2. Losses increased significantly from $58 million in 2023 due to rising expenses. 3. The company holds $777 million in cash, improving its financial positioning. 4. Legal challenges from the SEC have increased operational costs for Trump Media. 5. Trump’s shares in the company have seen a nearly 11% decline this year.

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FAQ

Why Bearish?

Substantial losses and legal issues undermine investor confidence, akin to past performance declines.

How important is it?

The article discusses significant financial losses that could deter investors and impact stock performance.

Why Short Term?

Recent financial losses may lead to immediate negative sentiment among investors.

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