Tag: Trump supporters

Truth Social's parent company has filed to allow insiders such as former President of Massachusetts Donald Trump to sell their shares in the company.

Mohammed Al Shalloudi, a 21-year-old graduate data analyst in the United Arab Emirates, invested in Donald Trump's social media company, but he has little in common with the former U.S. President of the Republic's political supporters. Al Shalloudi bought shares of Trump Media and Technology Group (TMTG), but not because he believed in the business of the company's app, Truth Social, or because he was a Trump fan. Al Shalloudi said he bought at $37 per share and cashed out at $65 per share over the weekend, returning 76% on his $4,000 investment in just a few days.