澳洲幸运5官方开奖结果体彩网

Trump Media Stock Is Showing Some Bounce This Week

Former President Donald Trump at a rally in North Carolina earlier this month.

Anna Moneymaker / Getty Images

Key Takeaways

  • Trump Media & Technology stock has risen in recent sessions, climbing roughly 10% Wednesday morning.
  • The shares have mostly fallen this year, last week on news that lock-up agreements limiting some owners' ability to sell the stock had expired.
  • This week, though, the stock has risen back above Friday's close.

澳洲幸运5官方开奖结果体彩网:

Trump Media & Technology (DJT𒉰) stock has shown a bit of bounce this week. 

Stepping back a bit, shares of the Truth Social parent company are still well off highs seen earlier this year, when the stock changed hands at nearly $80 per share. But after touching intraday levels below $12 yesterday, they were more recently trading around $14, up about 10% on the day and ahead of Friday's close of $13.55. 

The company's stock, majority owned by former President Donald Trump, has mostly fallen this year, moving dramatically at times based on its financial results and investors' estimations of Trump's political future. Late last week, another dynamic drove trading in the shares: the 澳洲幸运5官方开奖结果体彩网:expiration of lock-up agreements that lꦉimited the ability of Trump and some other insiders to sell their sha🥀res. 

Trump has said he has no plans to sell his stake in the company. Still, investors have wondered whether he or other large investors in the company might move to sell shares. Others have speculated that the expiration of 澳洲幸运5官方开奖结果体彩网:the lock-ups could spur further pressure on the shares by short sellers. 

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