Donald Trump said he would not sell his Truth Social stock. But he technically can starting Thursday.

Published On Sep 19, 2024, 4:21 PM

Donald Trump has indicated he will not sell his shares in Trump Media & Technology Group (DJT), which includes the social media platform Truth Social. However, he technically could start selling shares now that a six-month lockup period has expired. DJT shares have seen significant volatility, with a recent surge after Trump's statement but have dropped more than 10% in the past week. Trump's stake is currently worth about $2 billion, down from over $4.5 billion at the company’s public debut. The stock's performance has fluctuated greatly, often influenced by Trump's political activities and current events.

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Stock Forecasts

DJTView DJT chart on TradingView

Negative

Given the ongoing volatility of DJT shares and potential implications from Trump's legal challenges and political positioning, the forecast remains uncertain. The market's reaction to Trump's statements about holding stock vs. actual selling may influence investor sentiment. Due to recent dips in share value, caution is advised for those considering investments in DJT.

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