Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling.
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Donald Trump has transferred his nearly 115 million DJT shares, valued at over $4 billion, into the Donald J. Trump Revocable Trust as a gift, receiving no money for the transaction. Following this move, DJT shares are experiencing a decline.
December 20, 2024 | 12:00 pm
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Donald Trump transferred his 115 million DJT shares into a trust, causing DJT shares to fall.
The transfer of a large volume of shares by a prominent figure like Donald Trump can create uncertainty and lead to a decline in stock prices. The fact that the shares were moved into a trust without monetary exchange might raise concerns about future intentions or stability, contributing to the negative impact on DJT's stock price.
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