Shares of Trump Media & Technology Group, predominantly owned by former President Donald Trump, experienced significant declines ahead of the expiration of the lockup period on Thursday. This period prevented Trump and other major shareholders from selling their stakes. Despite Trump's public statement of having no intention to sell his shares, the value of his holdings dropped from $1.9 billion to $1.7 billion. The company's stock has fallen about 80% from its peak in March, partly due to legal battles and concerns over its financial stability. The end of the lockup period could result in further volatility if insiders decide to sell their shares. Trump Media, which operates Truth Social, has faced skepticism about its future amid Trump's ongoing political activities and the upcoming presidential election.