Trump Media shares pop 12% as ex-president says 'I'm not selling'


Former US President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos Verdes, California, on September 13, 2024. 

Robyn Beck | Afp | Getty Images

Shares of Trump Media shot up by more than 12% on Friday after majority owner Donald Trump said he is not selling his stake.

“I have absolutely no intention of selling,” said the Republican presidential nominee, who will be free to start cashing in his nearly 57% stake in less than a week when a lockup agreement expires.

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