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05-21

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Trump Media Stock Falls 11% After Weak Earnings Results

Shares of Truth Social's parent company are down about 5% Tuesday morning after the company reported less than $1 million in first-quarter sales and a big operating loss.-- The results highlighted the chasm between the company's struggling business and its market value of roughly $8 billion.-- Donald Trump's stake is worth more than $5 billion, a fortune he could begin tapping in late September after a lock-up period ends.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .

Trump Media Stock Falls 11% After Weak Earnings Results

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