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Trump Media up 5% as insider filing deadline passes

Shares of Trump Media & Technology Group are up 60c, or 5%, to $13.39 in pre-market trading. Inside shareholders of Trump Media were allowed to start selling their shares this past Friday, the end of the traditional six-month lockup period after the stock’s debut in March, and Tuesday marked the end of the two-day requirement for stock sales to be disclosed if any company executive or insiders decided to sell their shares. Republican presidential candidate Donald Trump, the largest shareholder in Trump Media with a stake that represents nearly 60% of the company’s outstanding stock, said earlier this month that he didn’t plan to sell any of his shares of the parent of Truth Social.

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