Trump Media lost more than $300 million last quarter on very little revenue [Yahoo! Finance]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: Yahoo! Finance
The results will raise additional questions about the multi-billion dollar valuation on the newly public company, which is majority owned by former President Donald Trump. Trump Media ( DJT ) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. In the press release, Trump Media said that at this “early stage” in its development, the company “remains focused on long-term product development, rather than quarterly revenue.” It acknowledged that its advertising business is just getting off the ground and expressed confidence that new products like streaming will boost its results in the future. The company blamed the losses on non-cash expenses from the conversion of promissory notes and the elimination of previous liabilities. “After an unprecedented, years-long process, we have consummated our merger and dispensed with the vast bulk of merger-related expenses, leaving the Company well-capitalized and supp
Show less
Read more
Impact Snapshot
Event Time:
SMWB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMWB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMWB alerts
High impacting Similarweb Ltd. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SMWB
News
- Investors, Accelerators and Funds Directory, Q4-2023-2024: Details of 4,095 Websites - Leading VC Firms, Angel Investors, Accelerators, and Funding Platforms [Yahoo! Finance]Yahoo! Finance
- Optimove, the #1 CRM Marketing Solution for iGaming and Sports Betting, Opens its Second Latin American Office in Brazil [Yahoo! Finance]Yahoo! Finance
- Unmasking The Marketer's Dilemma: The Imposter Syndrome Struggle [Forbes]Forbes
- Trump Media Stock (DJT) - CNBC's Concerns Are Serious [Forbes]Forbes
- Truth Social struggles to grow its U.S. user base, new data on Trump Media app shows [MSNBC.com]MSNBC.com
SMWB
Earnings
- 5/7/24 - Miss
SMWB
Sec Filings
- 6/11/24 - Form 144
- 6/7/24 - Form 144
- 6/5/24 - Form 144/A
- SMWB's page on the SEC website