Bullet points of Trump Media stock drops as lockup expiration set to give the former president clearance to sell shares

Bullet points of Trump Media stock drops as lockup expiration set to give the former president clearance to sell shares
- Trump Media stock plummeted to its lowest levels since its IPO on Thursday
- Shares dropped as much as 4% as a lockup period was set to expire
- Trump can dump his shares, though he's said he wouldn't sell
- The company went public in March
- The most recent decline has been fueled by investor concern over the lockup period
- Trump owns a nearly 60% stake in the company worth $1.7 billion
- Trump said last week he had no intention of selling the stock