Trump Media Shares Dip
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Trump Media sharesCNBC
•Trump Media shares sink more than 6% two days before merger 'lockup' period ends
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
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formal
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English
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42
Offensive language
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Known propaganda techniques
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Time-value
short-lived
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