Andy Litinsky and Wes Moss Have Unloaded Their Trump Media Stock

Published On Sep 26, 2024, 6:05 PM

Two former contestants of 'The Apprentice' have sold nearly all of their stake in Trump Media & Technology Group, coinciding with the end of a lockup period that restricted major shareholders from selling their shares. The stock has dropped significantly since its merger with a SPAC, losing 78% of its value. The former contestants, who previously founded Truth Social, sold approximately 7.5 million shares, worth around $100 million at current prices, while Trump has stated he plans to hold onto his significant stake despite its plummeting value.