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Anna Barclay/Getty Images(NEW YORK) Shares of former President Donald Trump s social media platform dropped more than 20% on Monday after the company disclosed a net loss at the end of last year of more than $58 million.The decline erased $2 billion in value and, with it, the value of Trump s majority stake of 57%.Before Trump Media and Technology Group joined forces with a shell company to go public last week, "management had substantial doubt that TMTG will have sufficient funds to meet its liabilities as they fall due," the company said in a regulatory filing.The company also conceded that "TMTG s success depends in part on the popularity of our brand and the reputation and popularity of President Trump. The value of TMTG s brand may diminish if the popularity of President Trump were to suffer."The performance represented a reality check for a stock that was initially boosted by the enthusiasm of Trump s supporters. On Monday share s closed at about $48, down a

Truth Social just made Trump billions Will it solve his financial woes?

Truth Social just made Trump billions Will it solve his financial woes?
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