Stock in Donald Trump’s social media company loses a fifth of its value | ABC News [Video]

Just a week after Trump Media and Technology debuted on the NASDAQ … shares in the company have plunged more than twenty per cent after revelations the company lost tens of millions of dollars last year..

David Bassanesse from BetaShares says the Truth Social platform is overvalued – which at $6.6 billion U-S is around 16-hundred times the company’s loss-making revenue last year.
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