Trump Media plummets to new low on the first trading day the former president can sell his shares
Shares of Trump Media & Technology Group slumped to their lowest level ever at the opening bell Friday, the first trading day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform.
Trump Media Shares Face Potential Sell-Off as Insider Selling Restrictions Lift
However, after reaching that peak, Trump Media shares have lost most of their value, with declines accelerating in recent weeks after President Joe Biden gave up his reelection bi
Donald Trump and other insiders can now sell shares of DJT, just as stock hits new low
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.
More investors are betting Trump social-media stock ‘DJT’ will drop
Short selling of shares in Trump Media & Technology Group has risen ahead of the expiration Friday of the lockup on insider sales.
Trump Media Stock Tumbles as Big Shareholders Are Soon Free to Sell
Donald J. Trump, the company’s largest shareholder, has said he won’t sell when a lockup agreement expires on Thursday. But other large investors could.
Trump Media hits new post-merger low as DJT sale restrictions set to lift
Shares of Trump Media fell to a new post-merger low Thursday, the day that former President Donald Trump is expected to be able to start selling his nearly $2 billion stake in the owner of social media platform Truth Social.
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