Shares of Trump Media and Technology Group jumped more than 25% Friday after majority owner and former President Donald Trump said he’s not selling his stake in the Florida-based company, CNBC reported.
“I have absolutely no intention of selling,” the Republican presidential nominee said.
According to CNBC, Trump will be able to start cashing in his nearly 57% stake, which he said is worth more than $1 billion, in less than a week when a lockup agreement expires.
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