Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling

Dow Jones12-20 20:05

President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.

The Truth Social website on a smartphone.

The transaction was described as a gift, with Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust. His stake amounted to 53% of Trump Media’s shares, according to FactSet.

The billionaire now “indirectly” owns the shares, having previously directly owned them, according to the Securities and Exchange Commission filing.

While Trump is the sole beneficiary of the trust, his son Donald J. Trump Jr. is the trustee and has sole voting and investment power over its securities.

The stock, which trades under the ticker DJT, fell 5.1% to $33.61 in premarket trading Friday. Through Thursday’s close, the shares have risen 102% in 2024 though have fallen 32% since reaching $51 the week before Trump’s presidential-election victory on Nov. 5.

The Truth Social parent’s stock largely has been seen as a proxy for Trump’s chance of winning and has struggled for direction ever since the outcome became clear. A number of Trump Media insiders sold shares in the company in the days and weeks after the election but notably the president-elect wasn’t one of them.

Around the time of his inauguration in 2017, Trump said he would put his assets into a trust in an effort to avoid conflicts of interests during his presidency.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

DARKSAMARU
12-20 21:31
DARKSAMARU
🤔

Leave a comment

1

10

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492411588?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-20 20:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492411588","market":"us","top_or_hot":-1,"title":"Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling","media":"Dow Jones","content":"<html><head></head><body><p style=\"text-align: start;\">President-elect Donald Trump has transferred his entire stake in Trump Media &amp; Technology Group to a revocable trust, according to a filing late Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee9ee6c41d72d2fe7f1674a1bfb2b21b\" alt=\"The Truth Social website on a smartphone.\" title=\"The Truth Social website on a smartphone.\" tg-width=\"952\" tg-height=\"633\"/><span>The Truth Social website on a smartphone.</span></p><p style=\"text-align: start;\">The transaction was described as a gift, with Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust. His stake amounted to 53% of Trump Media’s shares, according to FactSet.</p><p>The billionaire now “indirectly” owns the shares, having previously directly owned them, according to the Securities and Exchange Commission filing.</p><p>While Trump is the sole beneficiary of the trust, his son Donald J. Trump Jr. is the trustee and has sole voting and investment power over its securities.</p><p>The stock, which trades under the ticker DJT, fell 5.1% to $33.61 in premarket trading Friday. Through Thursday’s close, the shares have risen 102% in 2024 though have fallen 32% since reaching $51 the week before Trump’s presidential-election victory on Nov. 5.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d61e34494373ad458d8025da1984ef2f\" tg-width=\"881\" tg-height=\"622\"/></p><p>The Truth Social parent’s stock largely has been seen as a proxy for Trump’s chance of winning and has struggled for direction ever since the outcome became clear. A number of Trump Media insiders sold shares in the company in the days and weeks after the election but notably the president-elect wasn’t one of them.</p><p>Around the time of his inauguration in 2017, Trump said he would put his assets into a trust in an effort to avoid conflicts of interests during his presidency.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Moves All His DJT Stock Into a Trust. The Shares Are Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 20:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.The Truth Social website on a smartphone.The ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492411588","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492411588","pubTimestamp":1734696323,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.The Truth Social website on a smartphone.The t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4077":"互动媒体与服务","BK4547":"WSB热门概念","BK4516":"特朗普概念","DJT":"特朗普媒体科技集团","BK4585":"ETF&股票定投概念"},"translate_title":"川普将他所有的DJT股票转移到信托基金。股价正在下跌","themeId":"362b2acbf7f6780bcfcccc6a32aa1a64","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DJT":1},"content_text":"President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.The Truth Social website on a smartphone.The transaction was described as a gift, with Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust. His stake amounted to 53% of Trump Media’s shares, according to FactSet.The billionaire now “indirectly” owns the shares, having previously directly owned them, according to the Securities and Exchange Commission filing.While Trump is the sole beneficiary of the trust, his son Donald J. Trump Jr. is the trustee and has sole voting and investment power over its securities.The stock, which trades under the ticker DJT, fell 5.1% to $33.61 in premarket trading Friday. Through Thursday’s close, the shares have risen 102% in 2024 though have fallen 32% since reaching $51 the week before Trump’s presidential-election victory on Nov. 5.The Truth Social parent’s stock largely has been seen as a proxy for Trump’s chance of winning and has struggled for direction ever since the outcome became clear. A number of Trump Media insiders sold shares in the company in the days and weeks after the election but notably the president-elect wasn’t one of them.Around the time of his inauguration in 2017, Trump said he would put his assets into a trust in an effort to avoid conflicts of interests during his presidency.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":383670685077712,"gmtCreate":1734701470143,"gmtModify":1734701472851,"author":{"id":"3586214032719642","authorId":"3586214032719642","name":"DARKSAMARU","avatar":"https://static.tigerbbs.com/9a731acebf737eb5a4a29e88be9f5996","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586214032719642","authorIdStr":"3586214032719642"},"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383670685077712","repostId":2492411588,"repostType":4,"repost":{"id":"2492411588","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1734696323,"share":"https://ttm.financial/m/news/2492411588?lang=&edition=fundamental","pubTime":"2024-12-20 20:05","market":"us","language":"en","title":"Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling","url":"https://stock-news.laohu8.com/highlight/detail?id=2492411588","media":"Dow Jones","summary":"President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.The Truth Social website on a smartphone.The t","content":"<html><head></head><body><p style=\"text-align: start;\">President-elect Donald Trump has transferred his entire stake in Trump Media &amp; Technology Group to a revocable trust, according to a filing late Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee9ee6c41d72d2fe7f1674a1bfb2b21b\" alt=\"The Truth Social website on a smartphone.\" title=\"The Truth Social website on a smartphone.\" tg-width=\"952\" tg-height=\"633\"/><span>The Truth Social website on a smartphone.</span></p><p style=\"text-align: start;\">The transaction was described as a gift, with Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust. His stake amounted to 53% of Trump Media’s shares, according to FactSet.</p><p>The billionaire now “indirectly” owns the shares, having previously directly owned them, according to the Securities and Exchange Commission filing.</p><p>While Trump is the sole beneficiary of the trust, his son Donald J. Trump Jr. is the trustee and has sole voting and investment power over its securities.</p><p>The stock, which trades under the ticker DJT, fell 5.1% to $33.61 in premarket trading Friday. Through Thursday’s close, the shares have risen 102% in 2024 though have fallen 32% since reaching $51 the week before Trump’s presidential-election victory on Nov. 5.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d61e34494373ad458d8025da1984ef2f\" tg-width=\"881\" tg-height=\"622\"/></p><p>The Truth Social parent’s stock largely has been seen as a proxy for Trump’s chance of winning and has struggled for direction ever since the outcome became clear. A number of Trump Media insiders sold shares in the company in the days and weeks after the election but notably the president-elect wasn’t one of them.</p><p>Around the time of his inauguration in 2017, Trump said he would put his assets into a trust in an effort to avoid conflicts of interests during his presidency.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Moves All His DJT Stock Into a Trust. The Shares Are Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-20 20:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">President-elect Donald Trump has transferred his entire stake in Trump Media &amp; Technology Group to a revocable trust, according to a filing late Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee9ee6c41d72d2fe7f1674a1bfb2b21b\" alt=\"The Truth Social website on a smartphone.\" title=\"The Truth Social website on a smartphone.\" tg-width=\"952\" tg-height=\"633\"/><span>The Truth Social website on a smartphone.</span></p><p style=\"text-align: start;\">The transaction was described as a gift, with Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust. His stake amounted to 53% of Trump Media’s shares, according to FactSet.</p><p>The billionaire now “indirectly” owns the shares, having previously directly owned them, according to the Securities and Exchange Commission filing.</p><p>While Trump is the sole beneficiary of the trust, his son Donald J. Trump Jr. is the trustee and has sole voting and investment power over its securities.</p><p>The stock, which trades under the ticker DJT, fell 5.1% to $33.61 in premarket trading Friday. Through Thursday’s close, the shares have risen 102% in 2024 though have fallen 32% since reaching $51 the week before Trump’s presidential-election victory on Nov. 5.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d61e34494373ad458d8025da1984ef2f\" tg-width=\"881\" tg-height=\"622\"/></p><p>The Truth Social parent’s stock largely has been seen as a proxy for Trump’s chance of winning and has struggled for direction ever since the outcome became clear. A number of Trump Media insiders sold shares in the company in the days and weeks after the election but notably the president-elect wasn’t one of them.</p><p>Around the time of his inauguration in 2017, Trump said he would put his assets into a trust in an effort to avoid conflicts of interests during his presidency.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4077":"互动媒体与服务","BK4547":"WSB热门概念","BK4516":"特朗普概念","DJT":"特朗普媒体科技集团","BK4585":"ETF&股票定投概念"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2492411588","content_text":"President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.The Truth Social website on a smartphone.The transaction was described as a gift, with Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust. His stake amounted to 53% of Trump Media’s shares, according to FactSet.The billionaire now “indirectly” owns the shares, having previously directly owned them, according to the Securities and Exchange Commission filing.While Trump is the sole beneficiary of the trust, his son Donald J. Trump Jr. is the trustee and has sole voting and investment power over its securities.The stock, which trades under the ticker DJT, fell 5.1% to $33.61 in premarket trading Friday. Through Thursday’s close, the shares have risen 102% in 2024 though have fallen 32% since reaching $51 the week before Trump’s presidential-election victory on Nov. 5.The Truth Social parent’s stock largely has been seen as a proxy for Trump’s chance of winning and has struggled for direction ever since the outcome became clear. A number of Trump Media insiders sold shares in the company in the days and weeks after the election but notably the president-elect wasn’t one of them.Around the time of his inauguration in 2017, Trump said he would put his assets into a trust in an effort to avoid conflicts of interests during his presidency.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":10,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492411588"}