Trump confirms no plans to sell DJT stock following election victory; shares surge.

Trump confirms no plans to sell DJT stock following election victory; shares surge.
Trump confirms no plans to sell DJT stock following election victory; shares surge.
  • Trump Media remains fully owned by President-elect Donald Trump.
  • Immediately after Trump's post, DJT experienced a more than 10% increase in value, causing a temporary trading halt due to market instability.
  • Since his victory against Democratic Vice President Kamala Harris in the presidential race, Trump's first written social media statement was a personal post.

On Friday, shares of Truth Social soared after President-elect Donald Trump confirmed that he has no intention of selling his stake in the company.

Trump's first written statement since his victory against Harris in the presidential race was posted on Truth Social.

Immediately after Trump's post, DJT experienced a more than 10% increase in value, causing a temporary trading halt due to market instability.

The Republican stated in a Friday morning post that there are false and potentially illegal rumors and statements made by market manipulators or short sellers that they are interested in selling shares of Truth.

"I have no intention of selling, and those rumors or statements are false. I request that the people who spread these fake rumors or statements be investigated immediately by the appropriate authorities."

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by Kevin Breuninger

Politics