Trump Sells $2.3bn Stake in TMTG

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Telegraph

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Technology

Donald Trump prepares to sell $2.3bn stake in Truth Social

Summary

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69% Informative

Trump is preparing to sell 114 m shares in Trump Media & Technology Group ( TMTG ) The social media company was first launched by the US president in 2021 .

Mr Trump is planning to sell his stake in the company through a series of public sales.

It comes after the company's share price has fallen by 63pc over the past year .

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formal

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English

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not offensive