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Trump MediaCNBC
•81% Informative
Trump holds 114,750,000 shares, or nearly 59% , of Trump Media , which owns the social media platform Truth Social .
As of Thursday , his stake was worth slightly more than $2.6 billion .
Trump Media made its debut on the Nasdaq under the ticker DJT in late March , following a lengthy merger with a special purpose acquisition company.
Lock-up restrictions, which began after the businesses combined, are set to end on Sept. 25 .
Trump has not said what he plans to do with his shares once the lock-up lifts.
Trump Media is "at this point, a pure play proxy on Trump winning" the White House , Tuttle Capital Management CEO Matthew Tuttle told Politico . If Trump does win the election, "the shares are going to be more valuable," said the University of South Florida's Bradley . The opposite is also true, said Tuttle . Trump 's recent missteps on the campaign trail, he said, "have been hammering the stock.".
VR Score
82
Informative language
81
Neutral language
49
Article tone
formal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
7
Affiliate links
no affiliate links