Should You Forget Trump Media and Buy These 2 Tech Stocks Instead?
Meta Platforms(META) The Motley Fool·2024-11-20 17:37
Meta and Pinterest are much more reliable social media plays.Trump Media & Technology Group (DJT -8.88%), the parent company of Truth Social, has taken investors on a wild ride since it went public by merging with a special purpose acquisition company (SPAC) on March 26, 2024. Its stock opened at $70.90, sank to an all-time low of $12.15 on Sept. 23, and now trades at about $33.In 2023, Trump Media generated just $4.1 million in revenue while racking up a net loss of $58.2 million. In the first nine months ...