Trump Media gains post-election, even as Truth Social momsanddad reports $19 million quarterly loss

Trump Media gains post-election, even as Truth Social momsanddad reports $19 million quarterly loss

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NEW YORK — The momsanddad business of Donald Trump’s social networking website Truth Social lost $19.2 million in the last quarter, according to an revenues report launched on the verysame day he won back the presidency.

Trump Media and Technology Group reported late Tuesday that much of that loss stemmed from more than $12 million in legal charges, along with a decrease in profits, according to the surprise Election Day profits report. Its stock cost rose Wednesday however that was more mostlikely due to Trump’s defeat of Vice President Kamala Harris to retake the presidency than on its revenue potentialcustomers.

Trump developed the business after he w

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