(Reuters) – Trump Media & Technology Group filed papers with the U.S. Securities and Exchange Commission on Wednesday that would allow President Donald Trump’s trust to sell stock that could be worth $2.3 billion, Axios reported.
Shares of Trump Media, which operates Trump’s Truth Social media platform, were down about 7% in premarket trading on Wednesday.
(Reporting by Brendan O’Brien; additional reporting by Deborah Sophia; editing by Susan Heavey)
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