Trump Media Stock Sinks 21% After SEC Filing Highlights Company Risks
• Trump Media & Technology Group stock sank 21% after SEC filing disclosed significant operating losses and broad exposure to Donald Trump's reputation
• Filing stated that company expects to continue incurring losses and negative cash flows for the foreseeable future
• Filing also noted company may face greater risks than typical social media platforms due to involvement of President Trump
• Filing reminds investors that Trump Media has exposure to Trump's reputation, something that should not go unsaid
• SEC risk factor disclosures can be boilerplate but serve important purpose - when said aloud, markets take notice, as shown by stock drop