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WEKU
WEKU
Business
Scott Horsley

RARE PHOTOS: Trump s social media stock tumbles erasing early gains | Rare Historical Photos

Stock in the parent company of Donald Trump's social media company fizzled on Monday, reversing last week's big gains. (Michael M. Santiago/Getty Images)

Stock in the parent company of former president Donald Trump's social media platform fell sharply on Monday, erasing last week's market gains and shaving more than a billion dollars off the value of Trump's stake.

The drop came after a regulatory filing, in which the company — ticker symbol DJT — reported losing $58 million last year, on revenues of just over $4 million.

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