Trump Media Shares Rebound After Lockup Period Ends

The company saw a significant stock recovery as insiders, including Donald Trump, refrained from selling their shares.

Trump Media & Technology Group stock surged over 10% following the expiration of a lockup period preventing insider sales.
The company's market capitalization rose to $2.7 billion, adding approximately $200 million to Trump's net worth.
Despite fears of a sell-off, no insiders, including Trump, have reported selling their shares.
The stock had previously plummeted to record lows, losing 82% of its value from its peak earlier this year.
Trump Media's revenue remains minimal, raising concerns about the company's long-term valuation and financial health.