The shares of former United States President Donald Trump's Trump Media & Technology Group Corp. (TMTG) dived deeper into the red territory on Monday, during the company's second trading week.
The fall comes amid TMTG revealing that for the full fiscal 2023, it registered a net loss of $58 million, a huge drop from a net profit of $50.5 million recorded in 2022.
The company's stock dropped 22% at 12:36 pm ET, going for $48.33.
