(Reuters) -Shares of Trump Media & Technology Group fell nearly 18% on Monday as the parent of Truth Social platform raised going-concern doubts due to struggles to meet its financial liabilities just days after going public through a blank-check merger. The company posted a net loss of $58.2 million in the year ended December 2023, […]
(Reuters) -Shares of Trump Media & Technology Group fell nearly 18% on Monday as the parent of Truth Social platform raised going-concern doubts due to struggles to meet its financial liabilities just days after going public through a blank-check merger. The company posted a net loss of $58.2 million in the year ended December 2023, […]
(Bloomberg) — SunPower Corp. plunged the most ever in intraday trading after it breached a credit agreement and said there is “substantial doubt” about its ability to continue operating. Most Read from Bloomberg Shares of the rooftop solar company slumped as much as 41%. SunPower, which is majority owned by French energy giant TotalEnergies SE, […]