antiti
09-18 18:54

$Trump Media & Technology(DJT)$ goes down recently but still faces a ‘race to the bottom’ as lockup period nears end.

Until this week, the former president and early investors have been prohibited from selling their shares under a “lockup agreement” since the company's March merger and public trading debut.

Trump on Friday said he will not sell his 114,750,000 shares of the Truth Social owner.

Shares rose as much as 25% after Trump’s announcement, and closed up 11% on Friday. But Trump Media’s losses so far this week have erased those gains.

Will DJT Plunge as Lockup Period Ends on Friday?
Trump will soon be able to sell shares in Truth Social’s parent company. ------- Will DJT Plunge as the Holding Period Expires? Would you sell before Friday or bottom after plunge?
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

We need your insight to fill this gap
Leave a comment
1