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Update: Trump Media & Technology's Shares Fall Pre-Bell After Reporting Loss in 2023
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Update: Trump Media & Technology's Shares Fall Pre-Bell After Reporting Loss in 2023
Apr 2, 2024 5:28 AM

08:12 AM EDT, 04/02/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

Trump Media & Technology Group ( DJT ) shares fell 1.8% in recent premarket activity Tuesday, a day after the company reported a full-year 2023 loss of $58.2 million, compared with earnings of $50.5 million a year earlier.

On a per-share basis, the company reported a loss of $0.58, compared with earnings of $0.51 in 2022.

Revenue for the year ended Dec. 31 was $4.1 million, up from $1.5 million a year earlier.

Analysts' estimates weren't available.

The company's shares plunged more than 21% after markets closed Monday.

Price: 47.78, Change: -0.88, Percent Change: -1.81

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