Donald Trump is calling for an investigation of those who spread “fake rumors or statements” that he plans to sell shares in Truth Social, his social media platform.
President-elect Donald Trump said on social media Friday he has “no intention of selling” his shares of Trump Media & Technology Group, Truth Social's parent company, despite rumors and false statements he claims are circulating, and shares of the company immediately jumped 4%.
Shares of Trump Media soared on Friday after President-elect Donald Trump reiterated that he has no intention of selling his stake in the company behind Truth Social. He also called for an investigation into those spreading contrary rumors.
President-elect Donald Trump reaffirmed that he has no plans to offload his majority stake in his social media company, Trump Media. In this article DJT
Investors accuse Florida businessman Patrick Orlando of diverting millions of Trump Media shares from them. Orlando was the CEO of the blank check firm that helped take Trump Media public.
One of the most volatile stocks of 2024 is undoubtedly Trump Media & Technology Group Corp. (Nasdaq: DJT). The president-elect's media company, whose primary product is Donald Trump's Truth Social social media platform, has been on an absolutely wild and unpredictable ride since it debuted on the stock market in March.
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