- Loar Holdings plans to list its shares in a U.S. initial public offering, the aerospace and defense components manufacturer said in a filing on Tuesday, in another sign that the two-year lull in capital markets is coming to an end.
However, it reported a wider net loss of $4.62 million for the same period compared with $2.47 million a year earlier. Trump’s social media platform says it’s above ‘traditional key performance indicators.’ An auditor has substantial doubt it can continue as a going concern -Shares of Donald Trump's social media company plunged 21% on Monday, wiping out the gains from its debut last week, after disclosing millions in losses and saying it would struggle to meet its financial liabilities going forward.
Source: News Formal (newsformal.com)
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