Summary of Trump Media stock hits new low — just as Trump, others are able to sell shares
Summary of Trump Media stock hits new low — just as Trump, others are able to sell shares
Trump Media & Technology Group's shares have been on a decline since its public offering in March, and the lock-up period for insiders has finally expired, allowing them to sell their stakes. Trump, the company's biggest shareholder, has vowed not to sell his stake, but other insiders may be tempted to cash out.
quoting nevent1q…8zeaTrump Media stock hits new low — just as Trump, others are able to sell shares
Donald Trump has vowed not to sell his Trump Media shares after a lock-up period expires Thursday. The company's shares are down 81% from their peak.
https://www.cbsnews.com/news/trump-media-djt-stock-new-low-lockup-donald-trump/
Trump Media & Technology Group's shares have been on a decline since its public offering in March, and the lock-up period for insiders has finally expired, allowing them to sell their stakes. Trump, the company's biggest shareholder, has vowed not to sell his stake, but other insiders may be tempted to cash out.