However, after reaching that peak, Trump Media shares have lost most of their value, with declines accelerating in recent weeks after President Joe Biden gave up his reelection bi

Trump is being forced to hand over half a million extra shares to a company that helped establish his social media site, Truth Social

Shares of Republican presidential nominee Donald Trump's majority-owned media company slumped an additional 4% Thursday as a six-month lockup period was set to expire.

With the lockup period set to expire, Trump could start offloading his nearly $2 billion worth of stock, though the former president has said he wouldn't sell.

Donald J. Trump, the company’s largest shareholder, has said he won’t sell when a lockup agreement expires on Thursday. But other large investors could.

Trump Media & Technology Group shares slid to another record low Thursday but recorded a closing price high enough to end the ban prohibiting former President Donald Trump from selling shares in the company—though he has said he does not intend to offload his stake in the social media firm.