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-4.62941530484796E-05 0.000615050890501077 -4.62941530484796E-05 -0.00599839954499461 -0.0102971423280669 -0.01327319502404 -0.0258387508514818 -0.030071359130199
Stock impact report

Trump's Business Partners Are Dumping Their Stock as Fast as They Can [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
for investors to sell off their stock in wildly unprofitable company—and sell they did. United Atlantic Ventures LLC, one of the largest shareholders in Trump Media & Technology Group, dumped 11 million shares in the company shortly after a lockup agreement preventing insiders from selling their shares lifted on September 19, according to a regulatory filing The amount that UAV received for its shares wasn't reported, but the price tag could have ranged anywhere from $128 million to $170 million, according to CNBC . The group held a 5.4 percent stake in the Trump tech company but left itself with just 100 shares in hand after the transaction. The only other group that owns more than 5 percent of Trump Media is ARC Global Investments II LLC, with just over 11 million shares. Trump Media fell dramatically in the days following lockup expiration, with shares spiraling to a fraction of their value at the company's initial public offering in March. Even before the restrictions ended, Show less Read more
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