"Trump Media" lost another $32 M in Q1, shares lost 48% of their value since Rapin' Grampy returned to the WH

[Miles Archer]

Investors who hung onto –– are bought into Trump Media –– after Donald Trump was inaugurated are not reaping any financial rewards for their faith or commitment to the president.

According to a new report from CNN's Matt Egan, the president's venture into social media remains a financial black hole, losing another $32 million in the first quarter with Trump Media shares having lost 48 percent of their value since Trump moved back into the Oval Office.

As Egan wrote, an investment into the company is "badly trailing the S&P 500’s 5% gain over that span. If you look at just the time since Trump took office, Trump Media shares are down even more (56%)."

In the money-losing first quarter, the company generated a minuscule $821,000 in revenue.

https://www.rawstory.com/trump-media-2672439789/

[ProudMNDemocrat]

1. EVERYTHING TACO Don touches....DIES.

Which means his Trump Mobile Phone future does not look so good either.

[Ferrets are Cool]

2. This is nothing compared to the BILLIONS he has scammed from the American people

[Miles Archer]

3. He "should" make Musk look like a pauper

Between business losses and "settlements" like the $25 million he paid to make the "Trump University" scandal disappear, if you add up ALL OF THE MONEY that's passed through his hands, starting with the $420 million he got from his father, he "should" be the richest criminal on the planet.

Then you factor in that famous Rick Wilson "Everything Trump Touches Dies" line and it's clear that if you added it all up, he still "might have been" that guy, but his incompetence in business and one failure after another shows a big, beautiful pit where the money just went in, got burned up, and was gone forever.