Major Stakeholder Sales at Trump Media Send Shockwaves Through Market
In a significant development for Trump Media & Technology Group, several high-profile investors have recently offloaded large volumes of stock in the company. Notably, co-founders and former contestants from 'The Apprentice' have collectively sold nearly their entire stakes, amounting to approximately $100 million. Multiple shareholders, including United Atlantic Ventures, report the sale of over 7.5 million shares, which constitutes more than 5% of the firm. This trend of divestiture raises questions about the future of Trump's media venture, especially as insiders steadily reduce their stakes.
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