trump media reports significant losses and low sales in third quarter

Donald Trump's media company, Trump Media & Technology Group Corp., faced financial difficulties in the third quarter, with a net loss of $19.2 million and net sales exceeding $1 million for the period ending September 30.

The company's valuation was $7.4 billion as of Tuesday's market close. The stock experienced volatility after the earnings report, initially dropping as much as 8% in post-market trading before recovering to a 1% increase by 5:20 PM in New York. This fluctuation mirrored the erratic performance seen during the regular trading session.

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