Trump Media shares sink more than 6% two days before merger ‘lockup' period ends

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Former President Donald Trump on Friday said he will not sell his stake in Trump Media, which owns the Republican’s preferred social media app, Truth…

Shares of Trump Media closed down 6.6% on Tuesday, 48 hours before the end of restrictions barring its majority shareholder, Donald Trump, and other company insiders from selling their stakes.As of Tuesday's close, Trump's stock was worth more than $1.8 billion.

Stock futures are little changed as Wall Street anticipates a long-awaited Fed rate cut: Live updateson Sunday opened fire on a man with a semiautomatic rifle hiding on the perimeter of Trump's Florida golf club, where theThe effect on Trump Media stock of the weekend threat to Trump was the opposite of how shares responded to theTrump Media's slide on Tuesday, which accelerated shortly after 3 p.m.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines