03:35 PM EDT, 09/13/2024 (MT Newswires) -- Trump Media & Technology Group ( DJT ) shares jumped as much as 30% on Friday after Donald Trump said he is not selling any stake in the company.

"A lot of people think that I am going to sell and if I sell it would not be the same I can understand that," Trump said while addressing the media at Trump National Golf Club in Los Angeles.

"I have absolutely no intention of selling" Trump added.

Trump Media & Technology ( DJT ) shares, which owns Truth Social, were up 11% in recent trading.

Price: 17.84, Change: +1.76, Percent Change: +10.95