Shares fall after Trump transfers stake in Trump… [USA TODAY]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: USA TODAY
The move comes after Trump said in November that he had no intention of selling his shares in the company, which owns the Truth Social media platform. Trump transferred 114.75 million shares, or 53% of Trump Media & Technology Group's outstanding stock, to the revocable trust of which he is the sole beneficiary, accordingto securities filings. His stake in the company was valued at more than $4 billion based on the stock's last closing price of $35.41.
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News
- Trump is surrounding himself with a tight-knit group of right-wing tech barons [MSNBC.com]MSNBC.com
- Trump's net worth rose by billions this year despite legal challenges and wild stock market. Here's what it is now. [Yahoo! Finance]Yahoo! Finance
- Trump's Net Worth Rose $3.6 Billion This Year—Despite Wild Fluctuations In His Wealth [Forbes]Forbes
- Trump transfers almost $4 billion of his Truth Social parent company shares to a trust in surprise move [FOX Business Network]FOX Business Network
- Nvidia stock slumps, the Dow's losing streak, and Social Security's big changes: Markets news roundup [Yahoo! Finance]Yahoo! Finance
DJT
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 11/19/24 - Form 8-K
- DJT's page on the SEC website