It's Interesting How Truth Social Moved to Sell Stock Right Before Trump's Tariffs Were Announced
Just before announcing a major escalation in his tariff war, which was followed by a major stock market wipeout on Thursday, president Donald Trump freed up the sale of his Truth Social shares. As the Financial Times reports, the social media company, owned by Trump Media and Technology Group (TMTG), revealed that it was planning to sell more than 142 million shares in a late Tuesday filing with the Securities and Exchange Commission. However, the filing doesn't guarantee any future sale of shares. Most notably, the shares listed in the document include Trump's 114-million-share stake, which is worth roughly $2.3 […]
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https://futurism.com/truth-social-stock-tariffs