Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
WASHINGTON — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week.
Trump, the presumptive Republican presidential nominee, now owns close to two-thirds of the company’s outstanding shares. Less than a week after that flashy stock market debut, Trump Media disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%. The 2023 losses marked a stark decline compared with the profit of $50.5 million that the company reported for 2022, according to a regulatory filing.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump Jr., Eric Trump to help with Donald Trump's presidential transition teamFormer President Donald Trump's two eldest sons are set to play key roles in a second Trump administration if their father wins the White House in November.
Read more »
Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarksFormer President Donald Trump has secured another $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social.
Read more »
Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarksFormer President Donald Trump has secured another $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week.
Read more »
Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarksFormer President Donald Trump has secured another $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week.
Read more »
Donald Trump Raises Over $1 Million on First Day of Trial: Lara TrumpLara Trump shared a trend about her father-in-law's donors, which she said spoke volumes about people's opinions on his criminal charges.
Read more »
Donald Trump rakes in over $1 million after first day in New York hush money trialFormer President Donald Trump raised over $1 million in campaign funds after his first court day in his New York hush-money case.
Read more »