Trump Media stretches gains after second assassination attempt on Trump
** Shares of Trump Media & Technology Group DJT.O up 2.6% at $18.43 premarket after assassination attempt on former President Donald Trump
** A suspect was arrested on Sun in what the FBI called an apparent assassination attempt, the second in about two months
** On Fri, DJT shares jumped as much as 30% before finishing session up ~12% after Trump said he will not sell shares of Truth Social
** DJT shares had slumped last week following his combative presidential debate with Democratic rival Vice President Kamala Harris
** Per provisions related to DJT's Mar public listing, Trump and other insiders will be permitted to sell stock beginning later this month, potentially inundating the market with additional shares
** If DJT remains at or above $12 for any 20 trading days commencing Aug 22, then Trump will be free to sell shares beginning on Sept 20. Otherwise, he is eligible to sell shares beginning on Sept 26
** Trump owns 114.75 mln shares, or ~57% of DJT, for a stake currently worth about ~$2.1 bln
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
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