Trump Media & Technology Group investor sold more than 7 million shares of DJT
CBSN
One of the biggest investors in Trump Media & Technology Group has sold more than 7.5 million shares in former President Donald Trump's Truth Social service, according to a new regulatory filing.
The investor, United Atlantic Ventures, owned 7.525 million shares in Trump Media as of March, or about 4% of the company's outstanding shares, according to financial data firm FactSet. Trump is the company's largest shareholder, holding about 60% of the stock, which trades under the ticker "DJT," the same as Trump's initials.
"As of the date of this filing, United Atlantic Ventures LLC owns 100 shares," the filing states.
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