Trump has transferred all his shares in Trump Media (DJT.US) to a revocable trust.
"CNBC" reported quoting documents from the USA Securities and Exchange Commission that the presidential election winner Donald Trump transferred all of his 0.11475 billion shares in Trump Media (DJT.US) to the revocable Trust, Donald J. Trump Revocable Trust, on Tuesday (17th), without any monetary transaction involved, and Trump is the sole beneficiary of the Trust. Based on Trump Media's closing price of $35.41 per share yesterday (19th), the transfer involves a total value of over $4 billion in Stocks.
DJT Stock Plummets Over 5% Following Trump's Stake Transfer: Here's More
Trump Moves All His DJT Stock Into a Trust. The Shares Are Falling. -- Barrons.com
U.S. stocks activity | Trump Media Technology Group fell over 4.5% in pre-market, Trump transferred all shares to a revocable REITs.
On December 20, Gelonghui reported that Trump Media Technology Group (DJT.US) fell over 4.5% in pre-market trading, priced at $33.81. According to news from the USA Securities and Exchange Commission, President-elect Trump transferred all of his 0.11475 billion shares in Trump Media Technology Group to the revocable REITs, Donald J. Trump Revocable Trust, with no financial transaction involved. Trump is the sole beneficiary of this trust. Based on yesterday's closing price of $35.41 per share for Trump Media, the transfer involves Stocks.
Trump Transfers Entire DJT Stake To Revocable Trust Ahead Of Inauguration
Donald Trump Jr. Transferred 114.75M Shares Of Trump Media & Technology Group To Revocable Trust, Including 553,176 Shares Held In Escrow Until March 2025; No Shares Were Sold During Transfer
Donald J. Trump Gifted 114.75M Shares Of Trump Media & Technology Group To Trump Revocable Trust; No Shares Were Sold During Transfer
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December 18th - US stocks trending post-market.Losers: $Micron Technology(MU.US)$ drops 14.29% to $89.05 with a turnover of $946.73 million. $Quantum Computing(QUBT.US)$ slides 5.14% to $24.36 with
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President-Elect Donald J Trump Says "Taking A Look At TikTok; I Have A Warm Spot In My Heart For TikTok
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As of the time of writing, the stock has risen nearly 3%, priced at 37.62 dollars.
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