DJT Stock Tumbles as Trump Media Files for Trump Trust to Sell $2.3 Billion in Shares -- Barrons.com

Dow Jones

04-02

By Mackenzie Tatananni

Shares of Trump Media & Technology Group tumbled Wednesday after the company filed with the Securities and Exchange Commission to allow a trust headed by President Donald Trump to dump around $2.3 billion in stock.

Shares of the social media company plunged 7.8% to $18.69 after Trump Media filed a Form S-3 registration statement with the SEC.

This is breaking news. Check back for updates.

Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 02, 2025 09:43 ET (13:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Check back for updates. \n</p>\n<p>\n     Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2025 09:43 ET (13:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524491387","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524491387","pubTimestamp":1743601380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Trump Media & Technology Group tumbled Wednesday after the company filed with the Securities and Exchange Commission to allow a trust headed by President Donald Trump to dump around $2.3 billion in stock.Shares of the social media company plunged 7.8% to $18.69 after Trump Media filed a Form S-3 registration statement with the SEC.This is breaking news. 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Check back for updates. \n\n\n     Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2025 09:43 ET (13:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}