Trump Media Stock Plummets Amid Financial Struggles and Return to X

Shares of Trump Media & Technology Group have hit new lows following poor earnings and Trump's activity on rival platform X.

Trump Media reported a $16.4 million loss for the second quarter, with revenues of just $837,000.
The stock has fallen over 7% since Trump resumed posting on X, formerly known as Twitter.
Investors are concerned about the company's long-term viability and profitability.
Trump Media's value has dropped significantly, impacting Trump's net worth by an estimated $170 million.
The company is betting on its new streaming service, Truth+, to drive future revenue growth.