Trump Media & Technology Group shares slid to another record low Thursday but recorded a closing price high enough to end the ban prohibiting former President Donald Trump from selling shares in the company—though he has said he does not intend to offload his stake in the social media firm.

However, after reaching that peak, Trump Media shares have lost most of their value, with declines accelerating in recent weeks after President Joe Biden gave up his reelection bi

That could change if insiders such as Trump, the current Republican presidential nominee, decide to sell their stock and increase the number of shares in circulation. “Not only

Shares of the media company tanked a day after the former president’s Tuesday debate with Vice President Kamala Harris.

Donald J. Trump, the company’s largest shareholder, has said he won’t sell when a lockup agreement expires on Thursday. But other large investors could.

Trump Media & Technology Group stock hit a new post-merger low of $14.56 per share just hoursbefore the company’s lock-up agreement is set to end.

There is a presumption associated with the September 20 unlocking of millions of Trump Media shares. Having watched their shares fall 70% over the past four months, the locked-up shareholders are expected to run for the exit.