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-0.00147404824673309 -0.00076537120503442 -0.00076537120503442 -0.00111970972588375 -0.00466309493437659 -0.00781670776993512 -0.00856081866371863 -0.00821002352807778
Stock impact report

Major Trump Media shareholder sells nearly entire stake [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
ARC and its manager Patrick Orlando now hold about 0.01% stake, down from more than 5% or over 11 million shares in September. Orlando was the former CEO of the blank-check company Digital World Acquisition that took Trump Media public. He was ousted before the deal closed this year. A Delaware judge had ruled in September that Trump Media breached an agreement with Orlando's ARC Global and the fund must receive more than half a million additional shares before a lock-up on insider sales expires. U.S. President-elect Donald Trump owns nearly 115 million shares and has a nearly 53% stake in Trump Media, which owns the Truth Social media platform. (Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur) Show less Read more
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