Shares of Trump Media & Technology Group have been trading heavily since former President Donald Trump's new media company took over the ticker DJT on March 26. The company operates the social-media network Truth Social. Ownership of DJT stock is not fully transparent due to limited public disclosure regulations.
Key Points
Trump Media operates the social-media network Truth Social
Former President Donald Trump owns 57% of DJT stock but is constrained by a lockup agreement
Limited transparency in stock ownership due to public disclosure regulations
Institutional investors are required to disclose holdings via a 13F form, but it may not provide real-time information
Pros
Increased attention on Trump Media & Technology Group due to potential impact on the November presidential election
Interest in the company's social-media platform, Truth Social
Cons
Limited transparency in stock ownership due to public disclosure regulations
Potential for misleading information regarding investor base and trading activity