Trump Sells Big on Netflix and Other Stocks
Donald Trump's latest financial disclosure report reveals significant sales of various stocks, including Netflix. The report shows that he sold between $50,001 and $100,000 worth of Netflix on June 12, another $500,001 to $1 million on June 18, and between $15,001 and $50,000 on June 16. He also bought between $1,001 and $15,000 in Netflix on June 3 and June 23.
The president's portfolio includes The Walt Disney Co., which he purchased for between $50,001 and $100,000 on June 18, and between $1,001 and $15,000 on June 3. He also bought Warner Bros. Discovery shares for between $1,001 and $15,000 on June 16.
The report also shows that Trump sold between $1,001 and $15,000 in Comcast securities on multiple dates, including June 16, June 23, and June 3. He also sold shares of Amazon, worth between $100,001 and $250,000, on two separate occasions.
The White House has stated that Trump's stock portfolio is independently managed, with investments made through computer-based model portfolios that automatically replicate recognized indexes, such as the Schwab 1000. This means that Trump does not have direct influence over his investment decisions.