Shares of Trump Media & Technology Group surged on Friday after President-elect Donald Trump dismissed rumors that he would sell his shares in Truth Social, calling the speculations fake and demanding an “immediate investigation” into anyone spreading such rumors. Trump's statement prompted a 15% spike in Trump Media shares. The stock continued its rally after Trump announced he has 'no intention' to sell his shares, leading to increased volatility and a trading pause. Amidst this, CFO Phillip Juhan plans to sell up to $13 million worth of shares, and Trump slammed 'short sellers' and 'market manipulators' for the stock volatility.