Trump's Truth Social Stock Lock-Up Expires Today

Trump insists he won't sell his shares despite the recent sharp decline in the company's value.

Donald Trump has reiterated that he has no intention of selling his shares in Trump Media & Technology Group, the parent company of Truth Social.
The lock-up period preventing Trump and other insiders from selling their shares expires today, allowing them to sell if they choose.
Trump Media's stock has experienced significant volatility, dropping 60% since its public debut in March and hitting a record low recently.
Despite Trump's claims of not selling, the expiration of the lock-up period has created uncertainty and pressure on the stock price.
Trump Media reported a net loss of $16.4 million in the second quarter, with revenue dropping 30% year over year to just under $837,000.