'I'm Not Selling.' Trump Media Stock Soars After Former President Vows Not to Sell 57% Stake in the Company

Benzinga
Benzinga
  • 2 days ago
Shares of Trump Media surged Friday after majority owner Donald Trump confirmed he has no plans to sell his stake of nearly 57% in the company. Trump will soon be able to sell shares when a lockup agreement expires, but he stated, “I’m not selling.” Trading was briefly halted twice due to volatility, prompting Trump to criticize NASDAQ on Truth Social. Trump reiterated his long-term ownership plans, attributing the stock's decline to speculation over his potential sale.

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