Trump’s social media stock explodes higher after Donald Trump says he’s not selling ...Middle East

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Trump’s social media stock explodes higher after Donald Trump says he’s not selling
By Matt Egan, CNN New York (CNN) — Former President Donald Trump said Friday that he is not selling shares in his controversial social media company, an announcement that sent the stock prices skyrocketing. Trump and other insiders in Truth Social owner Trump Media & Technology Group will be free to sell shares as soon as next week when lock-up restrictions are set to expire. “No, I’m not selling. No, I love it,” Trump said during a press conference in response to a question from a reporter. Trump’s comments instantly sent the volatile company’s share price spiking 25% on Friday afternoon before trading was halted for volatility. In late afternoon trading, Trump Media was up 19%.

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