Jakub Porzycki | Nurphoto | Getty Images
President-elect Donald Trump on Friday reaffirmed that he has no plans to offload his majority stake in his social media company, Trump Media, and shot down alleged rumors that he was inclined to sell.
DJT shares shot up immediately after the post, triggering a temporary trading halt due to volatility.
“There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth,” the Republican said in a post on the platform.
“THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!” Trump said. “I hereby request that the people who have set off these fake rumors or statements, and who may have done so in the past, be immediately investigated by the appropriate authorities.”
This is breaking news. Please refresh for updates.
