Sept 25 - Shares of former U.S. President Donald Trump's

media company sprang back over 6% on Wednesday, rebounding from

all-time lows after restrictions on insider selling expired last

week.

Two straight days of gains in Trump Media & Technology Group ( DJT )

, which is 57% owned by the Republican presidential

nominee, have lifted it 12%, bringing its market capitalization

to $2.7 billion.

In the two sessions after restrictions on insider selling

lifted at the end of Thursday, shares of Trump Media ( DJT ), which

operates the Truth Social app, tumbled to their lowest since the

company's stock-market debut in March.

The stock was last at $13.64 after trading as high as $14.48

earlier on Wednesday.

Trump, whose stake in Trump Media ( DJT ) is now worth roughly $1.6

billion, said on Sept. 13 he did not plan to sell his shares,

turning the focus to other major stakeholders who could cash

out.

Traders have exchanged an average of $275 million worth of

Trump Media ( DJT ) shares a day since the insider trading restrictions

ended, higher than the average daily turnover of $188 million

for the rest of September, according to LSEG data. No insiders

have filed disclosures of share sales.

Trump Media ( DJT ) saw its value balloon to nearly $10 billion

following its Wall Street debut, lifted by Trump retail traders

who saw it as a speculative bet on his chances of securing a

second four-year term as president in the November elections.

Since then, Trump Media ( DJT ) shares have steadily lost ground,

with share declines accelerating after President Joe Biden

ended his failing reelection bid on July 21.

United Atlantic Ventures and Patrick Orlando, whose fund ARC

Global Investments II sponsored the blank-check company that

merged with Trump Media ( DJT ) in March, together own about 11% of

Trump Media ( DJT ) shares, according to a company filing.

Trump Media ( DJT ) is burning cash and its revenue is equivalent to

two Starbucks coffee shops. Its stock is trading at the

equivalent of almost 700 times its revenue, far exceeding the

valuation of even AI superstar Nvidia ( NVDA ), which recently

traded at 31 times its revenue, according to LSEG data.