Trump Says He Has 'NO INTENTION' of Selling 'DJT' Stock

Core Insights - President-Elect Donald Trump stated he has "no intention of selling" shares of Trump Media & Technology Group, addressing rumors to the contrary [1][2] - This statement positively impacted the stock price of Trump Media & Technology Group, which saw a rise of 16% after earlier declines [2] - Concerns regarding Trump's potential sale of shares have negatively affected the company's stock performance in recent months [3] Stock Performance - Trump Media & Technology Group's stock has experienced volatility, currently trading around $32, with fluctuations between lows of $28 and highs of $45 [3] - The stock faced significant pressure in September, dropping to nearly $12 due to worries about the expiration of lock-up agreements limiting Trump's ability to sell shares [3] - Trump's stake in the company is valued in the billions, and this is the second time he has publicly confirmed his intention to hold [4]