**Trump Media Shares Rebound After Hitting All-Time Lows**

Shares of Trump Media & Technology Group saw a significant recovery of over 6% on Wednesday, bouncing back from recent all-time lows. This resurgence occurred after restrictions on insider selling were lifted the previous week.

The stock of the media company, which is 57% owned by former U.S. President Donald Trump, experienced two consecutive days of gains, rising by 12% and bringing the market capitalization to $2.7 billion. On Wednesday, the stock price fluctuated, reaching $14.48 at its peak before settling at $13.64.

Following the expiration of insider selling restrictions last Thursday, Trump Media's shares plummeted to their lowest since the company's public debut in March. Despite the initial downturn, the company has managed to recover some of its losses. Trump's stake in the media company, which operates the Truth Social app, is now estimated to be worth about $1.6 billion. On September 13, Trump asserted that he had no plans to sell his shares, shifting attention to other significant stakeholders who might consider cashing out.

Since the end of the insider trading restrictions, daily trading volume for Trump Media shares has surged, averaging $275 million—in contrast to the $188 million average for the rest of September. Interestingly, no insiders have yet made any disclosures indicating share sales.

The value of Trump Media soared to nearly $10 billion following its Wall Street debut, fueled by speculation from retail traders betting on Trump's chances of winning a second presidential term in the upcoming November elections. However, the stock has gradually declined, with more pronounced losses following President Joe Biden's decision to conclude his reelection campaign on July 21.

United Atlantic Ventures and Patrick Orlando, whose fund ARC Global Investments II sponsored the acquisition through a blank-check company in March, collectively hold about 11% of Trump Media shares. Despite an impressive market cap, Trump Media is currently burning cash, with its revenue comparable to the earnings of only two Starbucks locations. The company's stock is trading at about 700 times its revenue, significantly higher than Nvidia's recent valuation of 31 times its revenue.