Rapidcreek@lemmy.world to

politics @lemmy.world · 8 months ago

Trump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.

www.cbsnews.com

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Trump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.

www.cbsnews.com

Rapidcreek@lemmy.world to

politics @lemmy.world · 8 months ago

The former president's media company has had a rough start on Wall Street, shedding two-thirds of its value since its peak.

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billybong@lemmynsfw.com
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8 months ago
Much less. The company has like $60m in debts and $3m in assets and lost $56m last year. You need to find a way for the company to make enough to pay off its debts before becomes worth anything.

politics @lemmy.world

politics@lemmy.world

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