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Trump & Harris debate has just concluded! How could it affect the market?
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Trump Media Shares Surge 25% as Trump Declares 'I'm Not Selling'

👉 Key Highlights:

📍 Trump Media shares surged 25% after Donald Trump announced he won’t sell his 57% stake.

📍 Lockup agreement expires soon, allowing Trump to cash in but he remains firm in holding his shares.

📍 Trump blamed the SEC for the stock slump, with shares down over 80% from their peak.

📍 Shares were briefly halted during trading after Trump's comments.

📍 Trump's stake in the company is still valued at over $1 billion despite the drop.

📍 Truth Social, Trump Media’s platform, is a key asset for Trump’s communication and influence.

👉 Context/Background:

Donald Trump, majority owner of Trump Media, confirmed he will not sell his 57% stake, sparking a 25% rise in share prices. Despite a sharp decline in value since its Nasdaq debut, Trump insists he remains committed to Truth Social for its role in amplifying his voice. The stock slump has been partly attributed to SEC scrutiny.

👉 Why This Matters:

📍 Trump’s decision to hold his stake signals confidence in Truth Social and Trump Media despite regulatory pressures.

📍 Investors responded positively, indicating market confidence in Trump’s continued ownership.

👉 Market Insights:

📍 The sharp 25% surge suggests investor optimism surrounding Trump’s leadership and future plans for Truth Social.

📍 Stock volatility is expected as Trump Media remains in the spotlight ahead of regulatory decisions.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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