Trump Media shares halted after sudden DJT stock plunge
Trump Media shares halted after sudden DJT stock plunge
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.
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I bet Trump sold. He said he wouldn't, so he probably did.
84 million shares had traded hands by 3:18 p.m. — multiple times the company’s 30-day average trading volume
Sure looks like it.
Trump … said he wouldn't, so he probably did.
You could post this comment all day long, every day.
Nah, as much as he has it would have cratered the price, especially because everyone around him would dump immediately.
This is just someone trying to beat it, and trump is likely furious.
If he was cashing out, and he'd have pulled everything at once.
I remember reading there was a period of time where he was legally not allowed to sell his shares. Has that time elapsed?
Yes. That was mid september. The actual "founders" sold within days, but this transaction is about a month later.
He is an officer of the company and the majority stakeholder. He's legally required to file with the SEC. If that has happened it would be huge news on every outlet.