Reported 26 days ago
Shares of Trump Media & Technology Group spiked by up to 30% following Donald Trump's declaration that he has 'absolutely no intention of selling' his stake in the company. Despite later losses, the stock still closed 12% higher after a tumultuous seven-week decline amid concerns of large shareholders selling off. Trump's comments come as the lockup period preventing insiders from selling shares is set to expire soon, with Trump's nearly 115 million shares valued at around $2.1 billion.
Source: YAHOO