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News in English (USA) / 19.09.2024 / 17:00

Trump Media Faces Crucial Decision as Stock Restrictions Lift

Donald Trump is at a pivotal crossroad regarding his stake in Trump Media & Technology Group, specifically its social media platform, Truth Social. As restrictions on selling DJT stock are set to lift soon, Trump faces a potential $2 billion decision: whether to cash out or hold onto his investment during challenging times for the company's stock performance. DJT shares have seen significant volatility, plummeting to near all-time lows and facing scrutiny over their future viability. Despite stating he has 'absolutely' no plans to sell, the impending lockup expiration adds pressure to his choices. Analysts are questioning whether the stock could plummet further, potentially heading towards zero, prompting discussions about Trump's next moves in a market fraught with uncertainty.