robocall@lemmy.world to News@lemmy.world · 7 days agoTrump Media stock has plunged 33% in a monthqz.comexternal-linkmessage-square57fedilinkarrow-up1558arrow-down114file-text
arrow-up1544arrow-down1external-linkTrump Media stock has plunged 33% in a monthqz.comrobocall@lemmy.world to News@lemmy.world · 7 days agomessage-square57fedilinkfile-text
minus-squaregrue@lemmy.worldlinkfedilinkEnglisharrow-up12·7 days agoIt matters because Trump becomes free to sell his shares on September 19 (a week from today). I, for one, am hoping that the price goes to $0 and it gets delisted by then!
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up9·7 days agoHe’s been able to borrow against them for some time. Someone is already holding the bag.
minus-squaremercano@lemmy.worldlinkfedilinkarrow-up2·7 days agoIf he floods the market with shares, I wouldn’t be surprised if the price craters so hard it gets delisted.
It matters because Trump becomes free to sell his shares on September 19 (a week from today). I, for one, am hoping that the price goes to $0 and it gets delisted by then!
He’s been able to borrow against them for some time. Someone is already holding the bag.
If he floods the market with shares, I wouldn’t be surprised if the price craters so hard it gets delisted.