
ABC News | Shares in Trump social media company sink following concerns about insider selloff
Shares in Donald Trump’s social media company sank in morning trading on Wednesday, a day after the company filed paperwork with the Securities and Exchange Commission that could allow the president’s trust to sell more than $2 billion of shares. The filing provides updated information about Trump’s majority stake in the company and flags the possibility of an additional 8 million shares hitting the open market, according to University of Florida