Former U.S. President and Republican presidential candidate Donald Trump speaks during a press conference at the Trump National Golf Club in Los Angeles, Rancho Palos Verdes, California on September 13, 2024.
Robin Baker | AFP | Getty Images
Shares of Trump Media Inc. rose more than 12% on Friday after major shareholder Donald Trump said he would not sell his stake.
“I have absolutely no intention of selling,” said the Republican presidential candidate, who will begin cashing out his nearly 57% stake in less than a week after the lockup agreement expires.
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