Reported 16 days ago
Shares of Trump Media & Technology Group significantly rose following Donald Trump's announcement on Truth Social that he has no plans to sell his shares in the company, which owns the Truth Social platform. After a stock slump, his denial of sale rumors spurred a 12% increase in share price, highlighting investor volatility linked to his political fortunes. Trump, who holds a 53% stake valued at approximately $3.6 billion, reassured fans and investors alike by reiterating his commitment to the company.
Source: YAHOO