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Summary <p>Shares dropped by as much as 25% as investors scrutinize fundamentals of company’s business</p><p>Shares in Donald Trump’s Truth Social dropped by as much as 25% on Monday after the social media<strong> </strong>company revealed it lost $58.2m last year and an auditor disclosed “substantial doubt” over its ability to continue operating.</p><p>An <a href="https://www.theguardian.com/us-news/2024/mar/26/trump-truth-social-public-new-york">extraordinary stock market debut</a> last week left<strong> </strong>Trump Media &amp; Technology Group valued at more than $7bn. But it generated sales of just $4.13m in 2023, according to <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001849635/000114036124016719/ef20025342_8k.htm">regulatory filings</a>.</p> <a href="https://www.theguardian.com/us-news/2024/apr/01/trump-truth-social-stocks">Continue reading...</a>

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Hidden blurb --- !ruby/object:Feedjira::Parser::RSSEntry published: 2024-04-01 17:37:09.000000000 Z carlessian_info: news_filer_version: 2 newspaper: US general21 macro_region: USA image: 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 entry_id: !ruby/object:Feedjira::Parser::GloballyUniqueIdentifier guid: https://www.theguardian.com/us-news/2024/apr/01/trump-truth-social-stocks title: Trump’s Truth Social reveals $58m loss as auditor raises doubts about viability categories: - Donald Trump - Stock markets - Business - US news - US politics summary: <p>Shares dropped by as much as 25% as investors scrutinize fundamentals of company’s business</p><p>Shares in Donald Trump’s Truth Social dropped by as much as 25% on Monday after the social media<strong> </strong>company revealed it lost $58.2m last year and an auditor disclosed “substantial doubt” over its ability to continue operating.</p><p>An <a href="https://www.theguardian.com/us-news/2024/mar/26/trump-truth-social-public-new-york">extraordinary stock market debut</a> last week left<strong> </strong>Trump Media &amp; Technology Group valued at more than $7bn. But it generated sales of just $4.13m in 2023, according to <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001849635/000114036124016719/ef20025342_8k.htm">regulatory filings</a>.</p> <a href="https://www.theguardian.com/us-news/2024/apr/01/trump-truth-social-stocks">Continue reading...</a> rss_fields: - title - url - summary - author - categories - published - entry_id - image url: https://www.theguardian.com/us-news/2024/apr/01/trump-truth-social-stocks author: Callum Jones in New York

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Ricc internal notes Imported via /Users/ricc/git/gemini-news-crawler/webapp/db/seeds.d/import-feedjira.rb on 2024-04-03 16:35:31 +0200. Content is EMPTY here. Entried: title,url,summary,author,categories,published,entry_id,image. TODO add Newspaper: filename = /Users/ricc/git/gemini-news-crawler/webapp/db/seeds.d/../../../crawler/out/feedjira/USA/US general21/2024-04-01-Trump’s_Truth_Social_reveals_$58m_loss_as_auditor_raises_doubts_-v2.yaml

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