Rats jumping off a sinking ship The central problem Trump would face in selling most of his stake in Trump Media is that he is the dominant figure for this company.
Not only does Trump own a majority of the shares, he is the most popular user on the company’s central product, Truth Social. The company’s ticker symbol is even “DJT.”
Racing for the exits could easily trigger a loss of confidence in Trump Media
“You don’t see sizable shareholders like President Trump selling a lot of stock because it drives the price down,” said Charles Whitehead, a professor of business law at Cornell Law School. “From the market’s perspective, it may look like rats jumping off a sinking ship.”