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Trump Media shares sink more than 6% two days before merger 'lockup' period ends

CNBC
Summary
Nutrition label

66% Informative

Shares of Trump Media closed down 6.6% on Tuesday , ending the day at $ 16.14 a share.

The dip came just 48 hours before restrictions barring the company's majority shareholder, Donald Trump , and other company insiders from selling their stakes are set to expire.

Trump on Friday said he will not sell his 114,750,000 shares of the company.

As of Tuesday 's close, Trump 's stock was worth more than $1.8 billion .

VR Score

65

Informative language

63

Neutral language

79

Article tone

formal

Language

English

Language complexity

42

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links