This photograph illustration reveals a picture of former President Donald Trump mirrored on a cell phone display exhibiting the Fact Social app on February 21, 2022 in Washington, DC.
Stephanie Reynolds | AFP | Getty Photographs
Trump MediaThe social media firm whose majority proprietor is former President Donald Trump reported a internet lack of greater than $16 million in its newest monetary quarter on Friday.
Trump Media, which owns the Fact Social app typically utilized by the previous president, additionally reported a drop in income for the quarter ended June 30 in contrast with the identical interval final yr.
Shortly after Trump Media, which trades beneath the ticker DJT, started buying and selling publicly in late March after merging with a so-called particular acquisition firm, its inventory value fell sharply from a excessive of greater than $71 a share to shut at $26.21.
Republican presidential candidate Trump and his working mate Senator J.D. Vance will face Democratic candidates Vice President Kamala Harris and Minnesota Governor Tim Walz within the November election.
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