Overview

• Andrew Northwall, COO of Trump Media & Technology Group, has resigned, with reports linking his departure to a whistleblower complaint.
• The complaint alleges mismanagement by CEO Devin Nunes, including misuse of funds and interference with product development.
• The company is required to release nearly 800,000 shares to ARC Global Investments II following a court ruling over a share dispute.
• Trump Media, which operates Truth Social, continues to face financial challenges, having lost $58.2 million last year while generating only $4.1 million in revenue.
• Despite the internal issues and financial losses, Trump Media's stock remains volatile, influenced by its status as a meme stock.