Shares in Donald Trump’s social media startup surged on Wednesday amid speculation that the former president isn't selling his stock in the company.
As of press time, there have been no SEC regulatory filings published on its investor relations site that would indicate a change in his ownership in Trump Media and Technology Group (TMTG). As an investor with more than a tenth of the outstanding stock, the company is required by regulators to file a Form 4 informing the market should Trump sell part or all of his 114.75 million shares.
