Trump Media replaces CEO Devin Nunes as its losses top $1 billion
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
Read MoreEx-Congressman turned CEO of Trump Media Devin Nunes removed after stock slide
The California Republican left Congress in 2021 to take on the CEO role
Read MoreTrump media company replaces ex-congressman Nunes as CEO after stock plunge that wiped out billions
The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York. (AP Photo/John Minchillo, File)2026-04-22T00:13:18Z NEW YORK (AP) — The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a…
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