Shares in Trump social media company sink following concerns about insider selloff

confirmed Importance 9/10 ~1 min read 5 sources 2 actors

Shares in Trump Media and Technology Group dropped about 5% after the company filed paperwork with the SEC that could allow Trump’s trust to sell up to 115 million shares, worth more than $2.3 billion, raising concerns about a potential insider selloff

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The Cascade Ledger. “Shares in Trump social media company sink following concerns about insider selloff.” The Capture Cascade Timeline, April 2, 2025. https://capturecascade.org/event/2025-04-02--shares-in-trump-social-media-company-sink-following-concerns/