Donald Trump: When Can He Sell Truth Social Stock and What Does That Mean for DJT?

Thursday, 19 September 2024, 05:52

Donald Trump’s potential ability to sell DJT stock hinges on whether shares of Truth Social parent company, Trump Media, close above $12. If successful, the lock-up period preventing the sale may end, impacting both DJT and Trump Media's market perception. Recent trading indicates shares around $14.80, stirring speculation about future sales.
Forbes
Donald Trump: When Can He Sell Truth Social Stock and What Does That Mean for DJT?

Donald Trump’s DJT Stock Lock-Up Period: An Overview

If shares in Truth Social parent Trump Media & Technology Group close Thursday at $12 or above, the lock-up period preventing Trump from selling his stock will expire. Currently, shares are trading at approximately $14.80.

The Impact on Trump Media Shares

If Trump does decide to sell, it could lead to significant volatility in Truth Social stock prices. Investors are keenly watching this situation unfold, considering the implications for Trump Media's future.

Market Predictions

  • Higher Share Prices: Analysts suggest that Trump’s decision could trigger a bullish trend.
  • Investor Confidence: Selling DJT stock could either bolster or diminish investor confidence.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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