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Hugin

(33,679 posts)
1. Awww....
Tue May 21, 2024, 10:05 AM
May 21

DJT has a sad.

“Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday with the Securities and Exchange Commission.”

From CNBC: https://www.cnbc.com/2024/05/20/trump-media-djt-q1-2024-earnings.html ( I have to hand it to them, CNBC’s passive/aggressive snark with the graphic of an upside down Trump is really a troll at an entirely new level. )

So, it’s first quarterly numbers are in and, well, I can’t think of any word or phrase to capture the spectacle. A capsizing turd no longer is adequate. A turd in an apple peeler? Nah, I will keep working on it.

So, a company makes $770,500.00 and simultaneously loses $327,600,000.00 and it remains listed. Oh, kay… Totally normal. Growing pains.

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