Stock spotlight: Trump Media, the newly public company that owns Truth Social, plunged yesterday after revealing that it lost $58 million last year, generated just $4.1 million in revenue, and had 10 times fewer users than Threads. But that may not matter to the investors who back the company as a way to support Donald Trump, whose stake in the company lost $1 billion of value in the dip.
S: Morning Brew
@Madken65