Donald Trump Can Cash Out His Trump Media & Technology Stock, Keep Company Control: Here's How Many Shares He Owns
Portfolio Pulse from Chris Katje
Trump Media & Technology Group's lockup expiration allows pre-IPO shareholders, including Donald Trump, to sell their shares. Despite a significant stake, Trump maintains control through special voting shares. The stock has been volatile, with recent declines, and potential sales by Trump or other shareholders could impact the price further.
September 19, 2024 | 4:13 pm
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Trump Media & Technology Group's lockup expiration allows pre-IPO shareholders to sell shares. Trump, holding a significant stake, maintains control through special voting shares. The stock has been volatile, with recent declines, and potential sales by Trump or other shareholders could impact the price further.
The lockup expiration allows significant shareholders, including Trump, to sell shares, potentially increasing the stock's float and putting downward pressure on the price. Trump's control through special voting shares mitigates some concerns, but the stock's recent volatility and declines suggest a negative short-term impact.
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