Trump Dumps $50 Million of Big Tech Stocks Amid Market Volatility
President Donald Trump's latest stock market maneuvers have been revealed in a September 22 filing. In July, he executed over 1,000 trades, including two significant equity sales.
The president dumped up to $25.5 million worth of Amazon (NASDAQ: AMZN) shares across three trades. He sold up to $15,000 on July 8 and then conducted a far larger sale on July 17: up to $500,000 worth. Additionally, he offloaded up to $25 million worth of AMZN stock on July 20.
Trump also executed multiple exceptional high-profile trades in the last 12 months. He bought up to $5 million worth of Dell (NYSE: DELL) stock on February 10 when it was changing hands at $126.01, and the equity closed at $549.83 on Wednesday: 336.34% higher.
As for Microsoft (NASDAQ: MSFT), Trump's selling was even more extensive across four market moves, with up to $31 million worth of stock offloaded. His biggest equity sales took place on July 7 and 17, up to $500,000 each, on July 8, up to $5 million, and on July 20, up to $25 million.