Key Points
Former President Trump's holding in firm Truth Social plummeted after the company reported a loss and an auditor cast doubt on its future..
After a blockbuster debut on Nasdaq Donald Trumps Truth Social has failed to impress the stock markets..
Shares in Trump Media & Technology Group, the parent company of Truth Social, have fallen by 21.5% as investors closely examined its business fundamentals.P)..
This came after the social media company disclosed a loss of $58.2 million last year and its auditor, BF Borgers of Colorado, expressed "substantial doubt" about its ability to stay in business..
Trump Media has become a so-called meme stock, influenced by internet memes posted on platforms like Truth Social, encouraging retail investors to buy into it..
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