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Trump Media Stock Volatility as Lock-Up Period Nears End

Trump Media faces legal battles, assassination attempts, and market uncertainty as insiders prepare for potential share sales.

The Truth social network logo is seen displayed behind figurines in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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Republican presidential nominee former President Donald Trump speaks during a campaign event at the World Market Center, Friday, Sept.13, 2024, in Las Vegas.

Overview

  • Shares of Trump Media & Technology Group have seen significant fluctuations, dropping 4% recently amid market concerns.
  • The company's stock has been highly volatile, influenced by Trump's political activities and recent assassination attempts.
  • A Delaware judge ruled that Trump Media breached a contract with ARC Global, leading to a larger share allocation for ARC.
  • Trump has publicly stated he will not sell his shares when the lock-up period ends, despite market speculation.
  • The company's revenue remains minimal, and its stock value is largely driven by investor sentiment tied to Trump's political fortunes.