Trump Media & Technology Group Corp.’s stock fell about 6% Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.

Trump Media & Technology shares fell 2.2% Friday after a securities filing showed the president-elect had moved his entire stake into a trust. Donald Trump transferred all 114.75 milli

Worse, the company is living hand-to-mouth because of the minuscule revenues, large negative earnings, and high cash outflow. As a result, it has had to resort to selling new shares of stock to raise cash. (In the third quarter it sold 17 million shares in order to raise $339 million.)

Shares of Trump Media (DJT) fell 5.31% during pre-market trading on Friday. The slump comes as US President-elect Donald Trump transferred his entire ownership stake in the company to a revocable trust.

Shares of Trump Media & Technology Group (DJT) slipped almost 4% in pre-market trading Friday, after regulatory filings showed President-elect Donald Trump moved the entirety of his stake in the company to a revocable trust.

Trump Media & Technology Group Corp DJT experienced a notable decline in its stock value. The company’s shares fell by 5.31% during pre-market trading on Friday, coinciding with a major decision by Donald Trump.

Trump Media & Technology's shares fell about 6% on Friday after U.S. President-elect Donald Trump moved the stake he owns in the social media company to a revocable trust.

President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening.

Donald Trump moved his roughly 57% stake in Trump Media & Technology Group to his revocable living trust, according to a recent regulatory filing—raising the possibility his shares could be traded during his presidency by his oldest son—causing shares in the Truth Social parent to slide 6% while cutting about $200 million from the president-elect’s net worth.