Trump Media reported a sizeable first-quarter loss with revenue below $1 million once again. Donald Trump stock DJT edged higher late.
Trump Media and Technology Group Corp. generated under $1 million in revenue during its latest quarter, while saying that it's more focused on elements other than its top line.
Trump Media and Technology Group , the operator of the social media app Truth Social, saw a wider loss in the first quarter due to certain non-cash expenses it incurred prior to closing its merger with a blank-check company.
Meme stocks are certainly picking up steam. For investors in Trump Media (NASDAQ: DJT ) stock that should be a good thing.