$Trump Media & Technology(DJT)$ registered up to 5.1 million shares for future sale for some of the company's shareholders on August 26th.DJT stock was down 3.6% in midday trading Monday, one of the biggest losers in the communications services sector.The company registered 2.55 million shares for sale each of WorldConnect IPTV Solutions and JedTec, and just over 2,000 shares for investor relations consultant MZ Group.(DJT will not receive any proceeds from any stock sales related to this registration.Trump could end his six-month lockup period as early as Sept. 20, at which point he could sell some or all of his holdings in the company.Trump owns 114.75 million shares, worth more than $2.5 billion at the current share price of $21.98, and hold
How Low Can DJT Stock Go?
DJT lost 35% last week and closed at $37 on Monday trading. This stock is largely dependent on a single individual, Donald Trump, who is undergoing a litany of legal cases. These cases will force him to loan or sell shares of $DJT, which would likely sink the share price. ------------------ What's your target price for DJT? How low can DJT stock go? If Trump loses again what value does he have?
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