Trump's Truth Social traffic in freefall after posting staggering loss: report
Trump Media's Truth Social platform is experiencing a significant drop in site traffic, with monthly visitors declining by approximately 36% compared to the previous year. This comes as the company reported a staggering net loss of $406 million in the first quarter against minimal revenue, and its stock has plummeted 80% since going public. Despite attempts to monetize access to Trump's posts, only a few firms have subscribed to their premium service.
Why it matters
Attributed market update with source link for portfolio context.