The restraints preventing former President Donald Trump from selling shares in his social media company are set to expire as soon as Thursday afternoon. This will free Trump – and other insiders at Trump Media & Technology Group – to sell shares in the controversial company that owns Truth Social if they wish. It’s a major moment for Trump Media, whose share price has fallen dramatically since going public in March. No, I love it.” Those comments sent Trump Media’s share price skyrocketing, for a few hours at least. Lock-up restrictions like the ones facing Trump are typical in deals like the one that brought Trump Media public last spring.

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Persons: Donald Trump, It’s, Trump, ”, Michael Stegemoller, ” ‘, ’, Steve Jobs, I’m, ” Trump, – Andy Litinsky, Wes Moss –, Moss, –, Carl Icahn, Icahn, Xavier Kowalski, Schulte Roth, Zabel, “ Organizations: Washington CNN, Trump, Trump Media & Technology, Trump Media, Baylor University, “, ’ Trump Media, Apple, Securities, Exchange Commission, Trump Media’s, NBC, CNN, SEC, University of Florida