Trump Media Shares Surge Amidst Speculation and Presidential Assurance
TL;DR Summary
Shares of Trump Media & Technology Group surged 15% after President-elect Donald Trump announced he had no plans to sell his shares in the company, countering rumors of a potential sale. Trump's statement on Truth Social accused market manipulators or short sellers of spreading false information. The stock had previously slumped amid speculation about Trump's election victory and its impact on the company. Trump holds a 53% stake in Trump Media, valued at approximately $3.6 billion.
- Trump Media shares soar 15% after prez-elect says he won’t sell, blasts ‘market manipulators’ New York Post
- Trump just made $500 million with a single Truth Social post CNN
- Trump calls for investigation of 'rumors' he plans to sell Trump Media stock CNBC
- Trump Media Stock Set to End Election Week Down. Why DJT Stock Has Bleak Future. Barron's
- Shares in Trump's social media company spike after president-elect says he won't sell stake ABC News
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