Trump transfers $4B stake in DJT to a revocable trust

Fri, Dec 20, 2024, 9:02 AM

President-elect Donald Trump has transferred the entirety of his stake in Trump Media & Technology Group (DJT, DJTWW) — worth more than $4 billion — to a revocable trust, according to a Securities and Exchange Commission (SEC) filing. Catalysts hosts Julie Hyman and Madison Mills report more on this story and how DJT shares are reacting, which are currently up by over 90% year-to-date.

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This post was written by Luke Carberry Mogan.