{"id":2339764,"date":"2024-09-11T14:05:58","date_gmt":"2024-09-11T18:05:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-is-one-week-away-from-a-potential-2-billion-cash-windfall\/"},"modified":"2024-09-11T14:09:07","modified_gmt":"2024-09-11T18:09:07","slug":"trump-is-one-week-away-from-a-potential-2-billion-cash-windfall","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-is-one-week-away-from-a-potential-2-billion-cash-windfall\/","title":{"rendered":"Trump Is One Week Away from a Potential $2 Billion Cash Windfall"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-is-one-week-away-from-a-potential-2-billion-cash-windfall%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2339764&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses a drop in\u200d the stock price\u2063 of Trump Media\u200c &#038; Technology, which fell\u2063 17% \u2063following a debate between\u200c Donald Trump and Vice President Kamala Harris. The decline is \u200dsignificant as Trump,\u200c who holds nearly 115 million shares, may be \u200bpoised to sell some shares starting September 19 when a lockup provision expires. Despite the recent downturn, his shares, priced at\u2064 $18.04 \u2062as of Tuesday, have an approximate value of $2 billion.<\/p>\n<p>Trump Media, which operates the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-new-acting-attorney-general-jeff-rosen-recently-wrote-an-essay-on-foreign-influence-in-us-elections-this-tells-us-a-little-about-his-knowledge-of-whats-going-on-today\/\" title=\"The New Acting Attorney General Jeff Rosen Recently Wrote an Essay on Foreign Influence in US Elections \u2013 This Tells Us A Little About His Knowledge of What\u2019s Going On Today\">social media platform<\/a> \u200dTruth Social, has faced \u2063financial difficulties, reporting a loss of $58.2 \u200dmillion last year with minimal revenue of $4.1 million. The stock has experienced volatility, primarily\u2063 influenced by retail investors. Additionally, the article notes that pop star\u2063 Taylor Swift endorsed \u2064Harris shortly after the \u200cdebate, contributing \u2063to\u200d the political climate surrounding \u2062the stock&#8217;s\u2063 performance.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> <script>console.log(\"ad slot (IC1)\")<\/script><\/p>\n<p>s of Trump Media &amp; Technology are down 17 percent in early trading Wednesday, following Tuesday night&rsquo;s debate between Donald Trump and Vice President Kamala Harris.<\/p>\n<p>The former president can <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-dc-gun-dealer-sees-business-boom-after-overcoming-city-roadblocks\/\" title=\"New DC Gun Dealer Sees Business Boom After Overcoming City Roadblocks\u00a0\">start selling<\/a> s of &rsquo;s parent company starting on Sept. 19 when a lockup provision ends, if he chooses to do so. That&rsquo;s because the lockup provision prevented company insiders from selling newly issued s for six months.<\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/sound-familiar-trump-uses-kamala-harris-line\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> owns nearly 115 million s of the company, according to a recent filing with the Securities and Exchange Commission. Based on Tuesday&rsquo;s closing price of $18.04, Trump&rsquo;s s are worth approximately $2 billion.<\/p>\n<p>The question remains if <a href=\"https:\/\/www.westernjournal.com\/megyn-kelly-torches-debate-moderators-exactly-bosses-wanted-trump\/\" target=\"_blank\" rel=\"noopener\">Trump<\/a> will decide to sell any of his s.<\/p>\n<p>The stock movement also comes after <a href=\"https:\/\/www.westernjournal.com\/taylor-swift-tries-put-finger-electoral-scale-picks-trump-kamala\/\" target=\"_blank\" rel=\"noopener\">Taylor Swift <\/a>endorsed Harris for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/italys-giorgia-meloni-commends-hero-italian-american-killed-at-trump-rally-washington-examiner\/\" title=\"Italy\u2019s Giorgia Meloni commends \u2018hero\u2019 Italian American killed at Trump rally - Washington Examiner\">president shortly<\/a> after the debate ended.<\/p>\n<p>  <script> \t\t\t\tif( ! getCookie( 'ff_subbed' ) ) if( typeof FFADS.replace_ict !='undefined' ) if( FFADS.replace_ict ) eval( FFADS.replace_ict ); \t\t\t<\/script> <\/p>\n<p>Trump Media runs the social media platform <a href=\"https:\/\/www.westernjournal.com\/ceo-trumps-truth-social-alleges-unlawful-manipulation-stock-price-demands-congressional-investigation\/\" target=\"_blank\" rel=\"noopener\"><\/a>, which Trump created. Based in Sarasota, Florida, the company has been losing money and struggling to raise revenue. It lost nearly $58.2 million last year while generating only $4.1 million in revenue, according to regulatory filings.<\/p>\n<p>The stock has fluctuated for the past several months, with trading largely driven by individual investors.<\/p>\n<p style=\"font-style: italic;\">The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script>  <\/div>\n<p style=\"border: 1px solid #f5f5f5;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> <\/p>\n<div class=\"ff-fancy-header-container\">  <\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<div class=\"insticator-ads additional\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Media &amp; Technology&#8217;s stock has dropped 17 percent in early trading on Wednesday, following the debate between Donald Trump and Vice President Kamala Harris on Tuesday night. The former president is eligible to sell shares of the company&#8217;s parent organization starting September 19, when a lockup period expires, should he decide to do so. This lockup period had previously restricted company insiders from selling newly issued shares for six months. According to a recent filing with the Securities and Exchange Commission, Trump holds nearly 115 million shares of the company, which are valued at approximately $2 billion based on Tuesday\u2019s closing price of $18.04. It remains uncertain whether Trump will choose to sell any of his shares. The stock&#8217;s movement also coincides with Taylor Swift endorsing Harris for president shortly after the debate concluded.<\/p>\n<p>Trump Media operates a social media platform created by Trump and is located in Sarasota, Florida. The company has been facing financial difficulties and struggling to generate revenue; it reported a loss of nearly $58.2 million last year while earning only $4.1 million in revenue according to regulatory filings. Over recent months, its stock has experienced fluctuations largely influenced by individual investors<\/p>\n","protected":false},"author":1,"featured_media":2339765,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/09\/38f62a656715442ba706af35b58aed3c-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[34777,40656,3634],"class_list":["post-2339764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-2-billion","tag-cash-windfall","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/09\/38f62a656715442ba706af35b58aed3c-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2339764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2339764"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2339764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2339765"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2339764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2339764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2339764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}