Is It Too Late to Buy Trump Media Stock Now?
Trump Media & Technology Group (NASDAQ: DJT), often shortened to Trump Media, is a controversial firm that's difficult to value. Analysts aren't exactly lining up to assign price targets to Trump Media stock, and there's no price-to-earnings (P/E) ratio to speak of since the company remains unprofitable.
However, at least now there's a quarterly financial report to pore over. It's the first one since Trump Media officially went public under the DJT stock ticker, and it's a must-read for any current or prospective Trump Media shareholder.
This is a good-news, bad-news situation as it was unclear whether investors would actually get a quarterly report from Trump Media in a timely manner. So, it's good news that the financial information is available, but then, there's less-than-ideal news to be found in the details of Trump Media's quarterly report.
Source Fool.com
