UAV -an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss- dumped virtually its entire stake in the company…
Shares of Trump Media were trading more than 7% higher as of noon on Friday after major shareholder United Atlantic Ventures LLC dumped virtually its entire stake in the company Thursday.
UAV's decision comes after the expiration of a lock-up agreement on Sept 19., which barred majority shareholder former President Donald Trump and other early investors from selling their shares. Following six straight trading days that saw the stock's new 52-week low in the red, Trump Media shares snapped a losing streak Tuesday.were trading more than 7% higher as of 1 p.m. ET on Friday after major shareholder United Atlantic Ventures, LLC, sold nearly 11 million of their shares in the company Thursday.UAV, an investment partnership of former"Apprentice" contestants Andrew Litinsky and Wes Moss, dumped virtually its entire stake in the company Thursday.
Despite, the recent uptick, as of 1 p.m. ET Friday the stock was down around 77% overall since Trump Media made its market debut on the Nasdaq in late March after a merger with a special purpose acquisition company.Israel says it struck Hezbollah’s headquarters as huge explosions rocked Beirut
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