Trump's social media platform says it's above ‘traditional key performance indicators.' An auditor has substantial doubt it can continue as a going concern [Fortune]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: Fortune
to a regulatory filing Monday that also disclosed losses that sent the stock tumbling. While social media giants like Facebook parent Meta typically report numbers such as monthly active users to gauge how much engagement a platform is generating, Truth Social parent Trump Media & Technology Group (TMTG) pointed out that since its inception, management hasn't used such data. Meanwhile, its auditor filed what is colloquially termed a “going concern” notice—boilerplate language for companies with low revenues and high losses that there is a “substantial doubt whether it can continue operating” in such fashion, in other words, it may not be a viable company. For its part, regarding KPIs, the company said that those metrics “are not critical in the near future” due to the early-stage development of the Truth Social platform. “At this juncture in its development, TMTG believes that adhering to traditional key performance indicators, such as signups, average revenue per user, ad impre
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
- Similarweb Appoints Rami Myerson to Lead Investor Relations [Yahoo! Finance]Yahoo! Finance
- Similarweb Appoints Rami Myerson to Lead Investor RelationsBusiness Wire
- Trump Media's accounting firm charged with ‘massive fraud' [Yahoo! Finance]Yahoo! Finance
- Trump Media's accounting firm charged with ‘massive fraud' [CNN]CNN
- Truth Social keeps shrinking despite the Trump trial and looming election [CNN]CNN
SMWB
Earnings
- 2/13/24 - Beat
SMWB
Sec Filings
- 3/8/24 - Form 144
- 3/7/24 - Form 144
- 3/6/24 - Form 144
- SMWB's page on the SEC website