Trump's Social Media Stock Soars After No-Sell Announcement

Photo: Donald Trump (Instagram)

Former President Donald Trump announced Friday that he will not be selling his shares in his social media company, Truth Social. This news caused the company's stock price to jump significantly.

Trump’s statement came ahead of a key date when insiders, including Trump, could start selling their shares if they choose. The lock-up period, which keeps insiders from selling their shares, ends on September 19, provided the stock price stays above $12.

In response to a reporter's question, Trump said, “No, I’m not selling. No, I love it.” His comments led to the company's stock price soaring by 25% before trading was paused due to volatility. By late afternoon, the stock was up 19%.

Photo: Donald Trump (Instagram)

Trump, who owns 57% of the company’s shares, emphasized that he’s not planning to leave the company, which had seen its value drop recently due to market concerns and political factors.

Read Next: Tim Walz Claims He 'Took Football Back' From Republicans During Wisconsin Campaign Speech

Source: CNN

Comments

Post a Comment

Trending Now

Taylor Swift Reminds Travis Kelce To Keep Things Private

Image
Photo: Taylor Swift (Instagram) Taylor Swift has asked her boyfriend, NFL star Travis Kelce , to be more careful about what he says in public about their relationship. Travis loves showing off his relationship with Taylor, but a source told Life & Style that she’s asking him not to share too much about their private lives. During an interview on The Rich Eisen Show , Travis talked about joining Taylor on stage during her tour and joked about her helping him with football plays. While Travis enjoys talking about their relationship, Taylor prefers keeping some things between them. The couple has been dating for a while now, and people are surprised they've lasted this long. Taylor and Travis are happy to prove their critics wrong. Taylor is planning to attend many of Travis' games this season and will spend more time with his friends and family. They really like her and think she fits in well. Photo: Travis Kelce, Taylor Swift (Instagram) When Taylor's tour starts again
Read More

Travis Kelce Talks About Tesla's Cybertruck After Elon Musk's Taylor Swift Comments

Image
Photo: Travis Kelce, Elon Musk, and Taylor Swift (Instagram) NFL star Travis Kelce recently shared his thoughts on Elon Musk 's new Tesla Cybertruck. The Kansas City Chiefs player, who has been dating Taylor Swift since 2023, showed enthusiasm for the electric truck. Speaking on the New Heights  podcast with his brother Jason , Kelce said, "Those things are sweet. I want the little four-wheeler. That thing looks sweet." This comes after Musk made headlines for comments about Swift, which many found unsettling. After Swift endorsed Kamala Harris for the upcoming U.S. election, Musk responded with a bizarre tweet, suggesting he could "give" Swift a baby. This led to online backlash, with many calling his comment strange and creepy. Kelce's brother Jason, who owns a Cybertruck, mentioned that he had some concerns about the vehicle. "I’ve been a little nervous taking it to the carwash," he said, adding that water had caused issues with the door. Pho
Read More

Taylor Swift’s Game-Day Necklace Looks Like Diamonds But Costs Less Than $120

Image
Photo: Taylor Swift (Instagram) Taylor Swift cheered on her boyfriend, Travis Kelce , at the Kansas City Chiefs game against the Cincinnati Bengals, and her outfit caught everyone's attention. She wore a vintage T-shirt, thigh-high boots, and lots of gold jewelry.  While some of her accessories, like her boots and designer bag, are expensive, her necklace is surprisingly affordable. The necklace, called the Melinda Maria Julian Loves Diamonds Necklace, costs only $118.  It looks like real diamonds but is much cheaper. Swift has worn jewelry from this brand before, and every time, it quickly becomes a bestseller. With her wearing it again, the necklace will probably sell out fast. Photo: Taylor Swift (Instagram) Along with the necklace, Swift paired her look with a chain necklace, hoop earrings, and gold rings. This outfit was more casual compared to the glammed-up look she wore the week before, featuring a designer corset and denim shorts. Swift has been making waves with her fash
Read More

Jennifer Lopez And Ben Affleck Share Tearful Moment During Post-Divorce Lunch

Image
Photo: Ben Affleck, Jennifer Lopez (Instagram) Jennifer Lopez and Ben Affleck were seen together for the first time since filing for divorce, meeting outside the Beverly Hills Hotel for a lunch with their kids.  Jennifer filed for divorce last month after two years of marriage. They had reunited after parting ways 20 years ago. In photos, Ben appeared to be speaking intensely to Jennifer, who was seen raising her hand to her eye, possibly wiping away tears. They were joined by Ben's children, Finn and Samuel, and Jennifer's twins, Emme and Max. Photo: Ben Affleck, Jennifer Lopez (Instagram) Jennifer wore a chic black cropped jumper and dark jeans, and still had her engagement ring from Ben on her pinky finger. It was rumored that Jennifer wanted to talk about Ben with his friend, actor Matt Damon, but Matt reportedly avoided discussing Ben. Jennifer and Ben separated legally in April and Jennifer filed for divorce soon after, citing "irreconcilable differences." They
Read More

Lakers Owner Jeanie Buss Talks About LeBron And Bronny James

Image
Photo: Jeanie Buss, LeBron James, Bronny James (Instagram) Los Angeles Lakers owner Jeanie Buss shared her thoughts on a recent decision LeBron James made about his son, Bronny , as they prepare to possibly play together in the NBA this season. Fans have been wondering: Will Bronny call his dad "Dad" on the court? LeBron has made it clear that during games, Bronny won’t be calling him "Dad." LeBron said, “At home, I’m ‘Dad.’ But on the court, he can call me ‘2-3,’ ‘Bron,’ or even ‘GOAT’ if he wants.” Jeanie Buss commented on this during an interview, saying that she could relate to their situation. She mentioned how, in business settings, she used to call her father, Dr. Jerry Buss, by his title instead of “Dad.” This helped them keep things professional. Photo: Jeanie Buss (Instagram ) LeBron is excited about the chance to play alongside Bronny. “Having your son work with you is the greatest thing,” he said on a recent episode of The Shop . “It’s going to be pre
Read More

Sean O’Malley Claims Victory After Loss To Merab Dvalishvili

Image
Photo: Sean O’Malley (Instagram) Sean O’Malley , after losing his UFC Bantamweight title to Merab Dvalishvili at UFC 306, is now saying he actually won. The fight took place on September 14, 2024, and Dvalishvili dominated O’Malley with his strong wrestling skills, earning a unanimous decision win after five rounds. Initially, O’Malley accepted his defeat, much like he did in his earlier losses to Marlon “Chito” Vera in 2020 and Pedro Munhoz in 2022. However, O'Malley has now taken to social media, claiming that after watching the fight again, he believes he won two of the last three rounds.  On Twitter, he jokingly said, “Suga State athletic commission BREAKING NEWS: Suga won 2 of the last 3 rounds!! Fight Over turned. Suga won!” Photo: Sean O’Malley (Instagram) In reality, two of the judges did give O’Malley two rounds, but not the last two as he claimed. Instead, they scored rounds three and five in his favor, giving him 10-9 scores. The third judge gave Dvalishvili a 49-46 win,
Read More

Justin Bieber Wants To Make Peace With Selena Gomez And Benny Blanco

Image
Photo: Justin Bieber, Selena Gomez, and Benny Blanco (Instagram) Justin Bieber is reportedly trying to make peace with his ex-girlfriend Selena Gomez and her boyfriend, Benny Blanco. Sources say that since becoming a dad, Justin wants to leave the past behind and move forward in a positive way. According to an insider, Justin is planning to write a heartfelt note to both Selena and Benny to clear the air. He wants to end any lingering awkwardness or bad feelings. The source explained that Justin regrets some of his past actions and blames them on being young and immature. Now, he just wants to "spread love and good vibes." Photo: Justin Bieber (Instagram) This news comes shortly after Justin and his wife, Hailey Baldwin, welcomed their baby boy, Jack Blues Bieber, on August 22, 2024. Read Next: Trump's Social Media Stock Soars After No-Sell Announcement Source: GEO News  
Read More

Canelo Alvarez Calls Conor McGregor An ‘Easy Fight’

Image
Photo: Canelo Alvarez, Conor McGregor (Instagram) Canelo Alvarez , the super middleweight boxing champion, has described a potential fight with UFC star Conor McGregor as “easy money.”  Alvarez, who is defending his WBA, WBC, and WBO titles against Edgar Berlanga this Saturday, was asked by boxing reporter Manouk Akopyan about a possible match with McGregor. Alvarez laughed off the idea, saying, “Easy, easy, way easy money.” He believes he could knock out McGregor at any time he chooses, stating, “One round, two rounds, three rounds, whatever I want.” Photo: Canelo Alvarez (Instagram) McGregor, who is known for his UFC career and only fought once in boxing against Floyd Mayweather , has struggled recently with a 1-3 record in MMA and an injury that postponed his fight with Michael Chandler . Although a fight between Alvarez and McGregor is unlikely, Alvarez is focusing on his upcoming match with Berlanga at T-Mobile Arena in Las Vegas, while UFC 306 takes place the same night at Sp
Read More

Pope Francis Criticizes Trump and Harris, Calls For Thoughtful Voting

Image
Photo: Pope Francis, Donald Trump, and Kamala Harris (Instagram) Pope Francis said on Friday that US voters face a tough choice in the presidential election, describing it as picking the "lesser of two evils." He criticized former President Donald Trump ’s stance on immigration and Vice President Kamala Harris ’s support for abortion rights, saying both are “against life.” Speaking from the papal plane, Francis urged voters to reflect on their choices. He said, “Who is the lesser of two evils? I don’t know. Everyone with a conscience should think on this and decide.” Francis has been outspoken on political issues, highlighting both immigration and abortion as important. He has condemned harsh immigration policies and emphasized the value of every human life, from the unborn to migrants. “To send away a child from the womb or to turn away migrants is a serious wrong,” he said. Photo: Pope Francis (Instagram) The Pope has also taken progressive stances, such as allowing priests
Read More

Swifties Rally For Kamala Harris: How Taylor Swift's Fans Are Boosting Her Presidential Campaign

Image
Photo: Kamala Harris, Taylor Swift (Instagram) Kamala Harris is working to connect with Taylor Swift 's fans, also known as "Swifties," in her campaign for president. Recently, Taylor Swift endorsed Harris on Instagram , which is a big deal because Swift has millions of dedicated fans. However, Harris's campaign had already been making moves to engage with Swifties before this endorsement. One Swiftie, Irene Kim, who has attended several of Swift's concerts and spends a lot of time talking to other fans online, started a group called “Swifties for Kamala.” This group of volunteers has been very active on social media, using memes, videos, and posts to get Swift’s fans to support Harris. They've raised over $165,000 for the campaign and have about 3,500 volunteers working on various projects like canvassing and phone banking. Although "Swifties for Kamala" operates independently, they are in touch with the official campaign. Kim says the group wants
Read More