Trump's Trump Media Shares Sale
This is a news story, published by Quartz, that relates primarily to Andy Litinsky news.
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total Trump Media sharesQuartz
•Donald Trump could make more than $2 billion dumping his Trump Media stock. Here's what to know
71% Informative
Trump 's stake in the public company behind his right-wing social media site Truth Social is under a six-month lockup period that could end as early as Sept. 20 .
At a share price of about $23 , where it currently stands, Trump could get about $2.7 billion by selling all of his shares in the company.
A selloff could put further downward pressure on the already troubled stock.
Former Apprentice contestants Andy Litinsky and Wes Moss are held to the same lockup agreement as the former president.
The presidential election could also drive major DJT stock movements.
Rekenthaler said a Trump loss in November would cause the stock to “go to zero ”.
VR Score
68
Informative language
64
Neutral language
31
Article tone
semi-formal
Language
English
Language complexity
41
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
3
Affiliate links
no affiliate links