00:00It's Benzinga, and here's what's on the block.
00:03Shares of Trump Media fell to their lowest price since merging with Digital World Acquisition
00:07Corp in March.
00:08The stock price peaked in July after Donald Trump was nearly assassinated at a campaign
00:12rally but has since declined nearly 50% on concerns about Trump's election prospects.
00:17Vice President Kamala Harris replaced Joe Biden as the Democratic nominee for president
00:21in July, flipping betting markets' views on who will likely win the November election.
00:26Trump Media reported a net loss of over $16 million for the second quarter while generating
00:30nearly $800,000 in revenue, with legal costs associated with the merger accounting for
00:35half of the loss.
00:36For all things money, visit Benzinga.com.
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