Shares of Trump Media & Technology Group ($DJT), the company behind the Truth Social platform, fell as much as 7% and hit an all-time low as

Donald Trump claims he’s not selling Trump Media stock, but these investors are. After getting a bump last week, shares of Trump Media and Technology Group (Nasdaq: DJT) are falling once again, nearing the lowest point since the parent company of Trump’s Truth Social platform went public via a special purpose acquisition company (SPAC) merger in March.

We warn investors of Trump Media & Technology Group's declining stock, overstated value, and potential for further significant decline. Read more here.

The notion of the Truth Social ($DJT) lockup expiry triggering a sell-off has become a self-fulfilling prophecy. Shares briefly hit a new all-time

Shares of Truth Social (DJT) surged over 25% at one point on Friday after Donald Trump, who is the majority owner, stated that he has no plans to sell his stake in the social media company. Trump’s lockup agreement is set to expire soon, which would allow him to sell his shares, but he told the press at his California golf club, “I’m not selling.”

Shares of Trump Media (Nasdaq:DJT), which owns Donald Trump's Truth Social, continued to fall in premarket trading on Friday.

Donald Trump, the majority shareholder of Trump Media and the biggest name on Truth Social, said he has no plans to sell his DJT stock when the lockup ends.