Reported 4 months ago
With the expiration of a lock-up agreement, former President Donald Trump is now poised to sell his shares in Trump Media & Technology Group (TMTG), the parent company of Truth Social. Holding over 57% of TMTG, which is valued at over $3 billion, Trump's decisions could significantly influence the stock price and shareholder sentiment. Although he stated he has no immediate plans to sell his shares, any move he makes will be closely watched by investors, especially given the stock's volatility and its dependence on his political appeal.
Source: YAHOO