Posted on Sep 20, 2024
Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?
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Trump Media's future is becoming even more uncertain.
The parent company of Truth Social, the social media company majority-owned by former president Donald Trump, is turning a complicated corner on Thursday. A lockup on insider sales is due to expire—meaning that Trump could start cashing in his 57% stake, which is currently valued at about $2 billion. LTC Eugene Chu Lt Col John (Jack) Christensen MAJ Ken Landgren Maj (Join to see) Maj Kim Patterson Capt Dwayne Conyers Capt Gregory Prickett CPT Gurinder (Gene) Rana MSgt Steve Sweeney MSgt Michael Bischoff MSG Stan Hutchison 1SG (Join to see) SSgt Richard Kensinger SP5 Dennis Loberger PO1 Tony Holland PO1 Brian Austin CPL LaForest Gray SrA John Monette A1C Medrick "Rick" DeVaney SPC Kevin Ford
The parent company of Truth Social, the social media company majority-owned by former president Donald Trump, is turning a complicated corner on Thursday. A lockup on insider sales is due to expire—meaning that Trump could start cashing in his 57% stake, which is currently valued at about $2 billion. LTC Eugene Chu Lt Col John (Jack) Christensen MAJ Ken Landgren Maj (Join to see) Maj Kim Patterson Capt Dwayne Conyers Capt Gregory Prickett CPT Gurinder (Gene) Rana MSgt Steve Sweeney MSgt Michael Bischoff MSG Stan Hutchison 1SG (Join to see) SSgt Richard Kensinger SP5 Dennis Loberger PO1 Tony Holland PO1 Brian Austin CPL LaForest Gray SrA John Monette A1C Medrick "Rick" DeVaney SPC Kevin Ford
Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?
Posted from npr.org
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Posted 9 d ago
Responses: 4
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At First Glance, I Saw Something Else, Other Than:
~~"down nearly 80% since Trump"
I Thought It Asked
~~"How many brain cells has Trump lost" ? ~~
"
Shares in Trump Media fell more than 4% on Thursday morning, at one point hitting an all-time low of $14.77. The share price is down nearly 80% since Trump Media went public in March. (The stock trades under the ticker DJT, for "Donald J. Trump.")
~~"down nearly 80% since Trump"
I Thought It Asked
~~"How many brain cells has Trump lost" ? ~~
"
Shares in Trump Media fell more than 4% on Thursday morning, at one point hitting an all-time low of $14.77. The share price is down nearly 80% since Trump Media went public in March. (The stock trades under the ticker DJT, for "Donald J. Trump.")
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