|Bid||17.54 x 1100|
|Ask||17.58 x 800|
|Day's Range||17.00 - 17.59|
|52 Week Range||12.34 - 25.85|
|Beta (5Y Monthly)||7.41|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Donald Trump’s social network is facing “substantial doubt” over its future as it seeks to renegotiate debt repayments, according to US filings.
(Bloomberg) -- Donald Trump’s social-media business generated just $2.3 million in sales in the first half of the year on its way to a loss, underscoring the nascent company’s struggles as it pushes to close a deal that would make it publicly traded.Most Read from BloombergS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USBiden, Xi to Announce China’s Crackdown on Fe
Former U.S. President Donald Trump's social media platform Truth Social lost $31.6 million from its launch in early 2022 to mid-2023, a securities filing by Digital World Acquisition Corp, the SPAC that plans to merge with the company, showed on Monday. Trump had announced the launch of his social media app in Oct 2021, saying it would "stand up to Big Tech" companies such as Twitter and Facebook that previously barred him. In 2022, Truth Social posted a profit of $50.5 million, with net sales of just $1.4 million.