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Truth Social parent reports $405M quarterly loss

techMay 8, 202621943

Trump Media and Technology Group reported a $405.9 million net loss and just $871,000 in sales for the first quarter of 2026. Truth Social's Nasdaq-traded shares have slid from roughly $29 near their 2025 peak to about $4.20, and several senior executives have left the company in recent months. The scale of the loss and executive turnover threatens the platform's financial sustainability and could undermine its ability to operate and attract investors.

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