Donald Trump's Net Worth Sheds $300 Million As Truth Social Parent's Shares Slide [Forbes]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Forbes
trading in the Truth Social parent has declined since surging after Trump's election victory last week. A surge for the Truth Social parent after Trump's election victory last week has been erased. Getty Images Key Facts Shares of Trump Media decreased to under $31 as of around 2:40 p.m. EST on Tuesday, after two positive trading sessions for the stock that increased its value by a combined 20.6% to $33.41 on Monday. Trump's roughly 57% stake in Trump Media—totaling 114.75 million shares—fell from just over $3.8 billion Monday to $3.5 billion, after peaking as high as $5.2 billion as shares hit an apex of $45.77 on Nov. 6. Positive trading for the stock followed a statement from Trump on social media last week claiming there were “fake, untrue and probably illegal claims” suggesting he would sell his Trump Media stake, though it's not clear what rumors the president-elect—who has previously said he would not sell his shares—was referring to. Get Forbes Breaking News Text
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DJT
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- DJT's page on the SEC website