Trump Media & Technology Group's key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on Thursday.ARC and its manager Patrick Orlando now hold about 0.01 per cent stake, down from more than 5 per cent or over 11 million shares in S

President-elect Donald Trump is the majority owner of Trump Media, which trades on the Nasdaq as DJT.

The financial firm reduced its stake in the Truth Social parent’s stock from more than 5% to just 0.01%, regulatory filings show.