DJT shares soar as Trump says ‘I’m not selling’ stake [Video]

Shares of Trump Media shot up Friday, minutes after majority owner Donald Trump said he has no plans to sell his stake.

“I’m not selling,” said the Republican presidential nominee, who will be free to start cashing in his nearly 57% stake in less than a week when a lockup agreement expires.

“I have absolutely no intention of selling,” he said.

Trump Media shares rose by as much as 25% in intraday trading after Trump’s comments to the press at his golf club in California on Friday afternoon. The stock ended the day up more than 11%, closing at $17.97 per share.

Trading activity for the stock was briefly halted twice due to volatility. Trump complained about the pauses later Friday in a post on Truth Social, the Twitter-like social media platform owned by Trump Media.

“Why is NASDAQ halting the sale of DJT? What right do they have to do this?” Trump wrote.

He threatened to hold the stock …