Donald Trump's media company falls 12%, extends selloff

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Explore stories from Atlantic Canada.

First-ever speedcubing competition in P.E.I. draws large crowd | SaltWire #rubikscube #charlottetown - Shares of Donald Trump's media and technology firm fell as much as 12% on Monday, extending a selloff that has now reduced the value of his stake in the operator of Truth Social to $2.9 billion.

The declines are reducing a potential windfall for Trump who could sell his shares to raise money for his 2024 presidential campaign and legal expenses, although lock-up restrictions for six months could prevent him from selling or borrowing against his shareholding. The market value of whole of Trump Media & Technology Group is now below that figure, at about $5.55 billion.

Trump Media & Technology Group has a short interest of about 4.75 million shares, or 12% of its free float, according to analytics firm S3 Partners.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 45. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Donald Trump's social media company lost more than $58 million last yearNEW YORK (AP) — Less than a week after a flashy stock market debut, Donald Trump's social media company is disclosing that it lost nearly $58.2 million in...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »