Trump Media and Technology Group (NASDAQ: DJT) is increasingly turning into a case where lofty ambitions clash with institutional inertia, dampening the overall pace of progress to the detriment of investors. Trump Media and Technology Group reported its earnings for the first quarter of 2024 yesterday, constituting the first such milestone in its brief journey as a publicly traded entity. But while the announcement was heavy on symbolism, the contents were predictably underwhelming. As we noted in a dedicated post, Trump Media earned just $770,500 in revenue in Q1, which translated into an operating loss of $12.1 million for the […]
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