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Truth Social Refutes Share Sale Claims by Media

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Truth Social Refutes Share Sale Claims by Media

The latest announcement is out from Truth Social ( (DJT) ).

On April 3, 2025, Trump Media & Technology Group Corp. (TMTG) addressed a Financial Times article that suggested a significant sale of its shares by the Donald J. Trump Revocable Trust. TMTG refuted these claims, stating that the registration statement was a routine consolidation of prior filings and did not indicate any intention to sell shares. The company accused Financial Times of market manipulation and demanded a retraction of the article, citing potential legal action if the demands were not met.

More about Truth Social

YTD Price Performance: -44.86%

Average Trading Volume: 7,407,716

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.47B

See more insights into DJT stock on TipRanks’ Stock Analysis page.

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