"title"=>"Trump’s Truth Social reveals $58m loss as auditor raises doubts about viability",
"summary"=>"
Shares dropped by as much as 25% as investors scrutinize fundamentals of company’s business
Shares in Donald Trump’s Truth Social dropped by as much as 25% on Monday after the social media company revealed it lost $58.2m last year and an auditor disclosed “substantial doubt” over its ability to continue operating.
An extraordinary stock market debut last week left Trump Media & Technology Group valued at more than $7bn. But it generated sales of just $4.13m in 2023, according to regulatory filings.
Continue reading...","content"=>nil,
"author"=>"Callum Jones in New York",
"link"=>"https://www.theguardian.com/us-news/2024/apr/01/trump-truth-social-stocks",
"published_date"=>Mon, 01 Apr 2024 17:37:09.000000000 UTC +00:00,
"image_url"=>"https://i.guim.co.uk/img/media/d9db5c9a0e8bf46daa35fcbb9bddbd198313fa5f/0_0_2900_1740/master/2900.jpg?width=140&quality=85&auto=format&fit=max&s=45093d85c5c36d496c2816bb8bbb6c46",
"feed_url"=>"https://www.theguardian.com/us-news/2024/apr/01/trump-truth-social-stocks",
"language"=>nil,
"active"=>true,
"ricc_source"=>"feedjira::v1",
"created_at"=>Wed, 03 Apr 2024 14:35:31.806326000 UTC +00:00,
"updated_at"=>Tue, 14 May 2024 04:58:48.344062000 UTC +00:00,
"newspaper"=>"US general21",
"macro_region"=>"USA"}