Devin Nunes Steps Down as Trump Media CEO Amid Revenue Shortfall and Share Price Decline
Devin Nunes has left his position as CEO of Trump Media & Technology Group after four years, amid significant financial underperformance. The company's revenue fell 99.8% short of investor expectations, and its shares have dropped by 67% since the November 2024 election, eroding over $6 billion in market value. Kevin McGurn has been appointed as interim CEO.
Tickers: $DJT
Topics: CEO Resignation Corporate Leadership Stock Performance Trump Media & Technology Group Truth Social