Donald Trump's Billions On Hold As Insiders Sell Off Truth Social Shares
Donald Trump's Billions On Hold As Insiders Sell Off Truth Social Shares
Insiders at Trump Media & Technology Group (NASDAQ:DJT) owned social media platform Truth Social have started offloading their shares.
特朗普媒體科技集團(納斯達克股票代碼:DJT)旗下的社交媒體平台Truth Social的內部人士已開始出售股票。
Meanwhile, Donald Trump is still waiting for his opportunity to cash in on his stake in the social media company.
同時,唐納德·特朗普仍在等待機會從他在社交媒體公司的股份中獲利。
What Happened: Executives at Truth Social have initiated the sale of their shares. The social media platform began trading on NASDAQ following its merger with Digital World Acquisition Corp. in late March. Despite an initial valuation of over $3.8 billion and a share price of $57.99, the company's stock has since taken a nosedive to $19.60.
發生了什麼:Truth Social的高管已開始出售其股份。該社交媒體平台在3月下旬與數字世界收購公司合併後開始在納斯達克交易。儘管初始估值超過38億美元,股價爲57.99美元,但該公司的股票此後暴跌至19.60美元。
Trump currently owns more than 114 million shares in Trump Media, a stake valued at about $2.5 billion. The company trading under the ticker DJT, is unable to liquidate his shares until Sept. 25 due to a lock-up period rule, as per SEC filings.
特朗普目前擁有特朗普媒體超過11400萬股股份,該股份價值約25億美元。根據美國證券交易委員會的文件,由於封鎖期規定,這家以股票代碼爲DjT交易的公司要到9月25日才能清算其股票。
As per a report by Fortune, other insiders, including Trump Media's CFO Phillip Juhan and CEO Devin Nunes, have already begun selling their shares.
據《財富》雜誌報道,包括特朗普媒體首席財務官菲利普·尤漢和首席執行官德文·努內斯在內的其他內部人士已經開始出售股票。
Also Read: Donald Trump Says Fox News Called Him For DNC Interview, Brands Himself 'Ratings Machine'
另請閱讀:唐納德·特朗普說福克斯新聞打電話給他接受 DNC 採訪,給自己貼上 「評級機器」 的標籤
Robert R. Johnson, a finance professor at Creighton University, told Fortune that the stock price of Truth Social is largely disconnected from the company's financial reality.
克雷頓大學金融學教授羅伯特·約翰遜告訴《財富》雜誌,Truth Social的股價與該公司的財務現實基本脫節。
In Q1 2024, the company reported a staggering loss of $327 million on revenues of a mere $770,500.
在2024年第一季度,該公司報告了3.27億美元的驚人虧損,收入僅爲770,500美元。
While Trump could potentially sell his shares by Sept. 20 if the share price remains steady, it's unlikely he would sell his entire stake considering the potential impact on the stock's value and his political supporters who are also shareholders.
儘管如果股價保持穩定,特朗普有可能在9月20日之前出售其股票,但考慮到對股票價值以及同時也是股東的政治支持者的潛在影響,他不太可能出售全部股份。
Also Read: Trump Vs Harris: Kamala Harris Takes 8-Point Lead In New Poll, With Race And Gender Shaping Voter Preferences
另請閱讀:特朗普與賀錦麗:賀錦麗在新民意調查中領先8個百分點,種族和性別決定了選民的偏好
Why It Matters: The selling of shares by Truth Social executives raises questions about the company's future. The stock's drastic decline and the company's significant Q1 loss indicate a disconnect between the company's financial reality and its stock price.
爲何重要:Truth Social高管出售股票引發了人們對公司未來的質疑。該股的急劇下跌以及該公司第一季度的巨額虧損表明該公司的財務現實與其股價之間存在脫節。
This discrepancy, along with the impending end of Trump's lock-up period, could potentially lead to further instability in the company's stock price.
這種差異,加上特朗普封鎖期即將結束,有可能導致該公司股價進一步不穩定。
The situation is further complicated by the fact that many of Trump's political supporters are also shareholders, adding a layer of political implications to any potential sell-off.
特朗普的許多政治支持者也是股東,這給任何潛在的拋售都增加了一層政治影響,這使情況更加複雜。
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This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
該內容部分是在Benzinga Neuro的幫助下製作的,並由Benzinga編輯審查和出版。