Trump Denies Rumors of Selling Stake in Trump Media and Technology Group (DJT)

In a move that has boosted the shares of Trump Media and Technology Group (NASDAQ: DJT), the parent company of the Truth Social platform, President-elect Trump has categorically denied rumors that he plans to reduce his significant stake in the company. In a post on Truth Social, Trump declared the rumors "fake, untrue, and probably illegal," stating: "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. THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING! 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. Truth is an important part of our historic win, and I deeply believe in it. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!" Following this announcement, TMTG shares rose by appr…