Trump Media Struggles Continue as Share Price Plummets, Company Posts Losses
- Trump Media share price plunges over 10%, market value dips below $5 billion
- Volatile trading knocks Trump off Forbes' top 500 wealthiest people list
- Company discloses $58M net loss and just $4M revenue in 2023
- SEC filing warns of continued operating losses and negative cash flow
- Media exec Barry Diller blasts Trump Media as a "scam"