Mar-a-Lago Profits Quadruple Since Donald Trump's Presidency, Could Money-Making Property Keep Him From Selling DJT Stake?
Portfolio Pulse from Chris Katje
Mar-a-Lago's profits have quadrupled since Trump's presidency, potentially reducing his need to sell his stake in Trump Media & Technology Group (NASDAQ:DJT). The club's success could support Trump's legal costs and 2024 campaign, impacting DJT's stock price.
August 31, 2024 | 5:34 pm
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Trump Media & Technology Group (NASDAQ:DJT) may see stock price volatility as Trump decides whether to sell his stake. Mar-a-Lago's success could reduce the need for a sale, impacting DJT's market dynamics.
The article highlights Trump's potential decision to sell his DJT stake, influenced by Mar-a-Lago's financial success. This decision could affect DJT's stock price, as a sale might lead to a decline, while retaining the stake could stabilize the price.
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