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Trump looks to posting less on the stock market. President Donald Trump has long touted his love for the stock market and how strong stock prices reflect a robust US economy.
The stock price is down roughly 77% from its high of $79.38 per share on March 26, following Trump Media’s merger with a publicly traded special purpose acquisition company.
And Trump Media’s share price gave back most of those early gains, recently trading about 8% higher. At these prices, Trump’s shares are worth about $4.2 billion on paper.
The fact that Trump has pledged not to sell his shares — and that he has not disclosed any stock sales — has helped boost the share price. ‘Crazy’ valuation
At the closing high for Trump Media’s stock price, the former president’s stake was valued at $5.2 billion. The value of those shares has since plummeted to about $2.4 billion.
Trump Media (NASDAQ: DJT) stock saw big sell-offs across last week's trading. The company's share price closed out the period down 11.9% from the previous week's market close, according to data ...
If Trump Media's stock price remains at or above $12 through Thursday, then Trump and other insiders will be free to sell shares beginning on Friday. Otherwise, they are eligible to sell shares ...
The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.. Their value ...