Trump Media stock slumps 4% after Donald Trump moved all his DJT shares to a trust [Yahoo! Finance]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance
It's not immediately clear why Trump transferred his shares of the company... Although he stood to gain billions of dollars from a share sale, it would have been difficult to carry out without tanking the value of the stock. As president, Trump will have control of government agencies that regulate the company and its competitors, including the Federal Communications Commission and the Securities and Exchange Commission. Was this helpful? Yes No How many shares did Donald Trump transfer to the trust and what was their value? Trump shifted all 114.75 million of his shares in Trump Media to the Donald J. Trump Revocable Trust, which was valued at more than $4 billion, given a closing price of $35.41 per share Thursday. Was this helpful? Yes No What happened to Trump Media & Technology Group's stock after Donald Trump moved his shares to a trust? The stock slumped almost 4% in pre-market trading Friday, after regulatory filings showed President-elect Donald Trump mov
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DJT
News
- The Trump Organization's foreign deals pledge leaves some wiggle room [Yahoo! Finance]Yahoo! Finance
- Trump's company isn't banning private foreign deals during his presidency [Los Angeles Times (CA)]Los Angeles Times
- Donald Trump's company will avoid deals with foreign governments but not foreign companies [USA TODAY]USA TODAY
- The Trump Organization's foreign deals pledge leaves some wiggle room [Business Insider]Business Insider
- The Trump company is not banning private foreign deals, a break with its first term policy [Yahoo! Finance Canada]Yahoo! Finance Canada
DJT
Sec Filings
- 12/30/24 - Form SCHEDULE
- 12/27/24 - Form 3
- 12/19/24 - Form 4
- DJT's page on the SEC website