How Donald Trump Transferring $4 Billion in Truth Social Stock Impacts Investors
The president-elect's stake in the company is valued at more than $4 billion, and Trump has made his commitment to the company and its shares clear.
Trump transfers almost $4 billion of his Truth Social parent company shares to a trust in surprise move
Since its listing, Trump Media has been popular with traders who viewed it as a speculative bet on Trump winning the Nov. 5 election. Trump has maintained up to 57% ownership of the company. In the lead up to the election, his stake was worth almost $4 billion.
President-elect Trump transfers close to $4 billion worth of his Trump Media shares to a trust
Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing.
Trump Puts $4 Billion in Shares of His Media Company in a Trust
A regulatory filing showed that the president-elect transferred some 115 million shares of Trump Media to a trust controlled by his son Donald Trump Jr.
Trump media stock ‘DJT’ drops as president-elect moves entire $4 billion stake to revocable trust
Trump Media & Technology Group Corp.’s stock fell about 6% Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.
Trump Transfers Entire $4B Truth Social Stake to His Revocable Trust
Donald Trump has transferred all 114.75 million of his shares in Trump Media & Technology, Truth Social’s parent company, to a revocable trust in his control.
Trump moves his entire $4 billion stake in Truth Social into his trust ahead of White House move
Donald Trump has transferred all 114.75 million of his shares in the parent company that runs his Truth Social platform into a revocable trust before he returns to the White House. His shares in Trump Media & Technology Group are currently worth roughly $4 billion,
Truth Social Parent’s Stock Drop 6% After Donald Trump Moves His $4 Billion Stake To A Trust
Donald Trump moved his roughly 57% stake in Trump Media & Technology Group to his revocable living trust, according to a recent regulatory filing—raising the possibility his shares could be traded during his presidency by his oldest son—causing shares in the Truth Social parent to slide 6% while cutting about $200 million from the president-elect’s net worth.
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