The case for DJT always relied on the namesake’s comeback. Now that he’s got it, the share price is floundering.

If there's also more traffic on Trump Media's social media platform Truth Social and its recently launched streaming service Truth+, investors could see improved results for the company. Is the stage set for this volatile stock to get back to the highs it reached earlier this year?

The CFO of Trump Media and two other executives sold a combined $16 million in stock after the presidential election, according to SEC filings and a report from CNBC. The news comes as social media users contemplate whether there will be any uncomfortable competition between Truth Social and X now that Donald Trump has tapped X owner Elon Musk to run some kind of commission to slash the federal budget by a third.

President-elect Donald Trump holds the majority of stock in Trump Media. DJT shares have dramatically fluctuated in value since becoming publicly traded

Trump Media insiders sold stock worth more than $16 million in the days after last week’s presidential election, according to a series of filings late Tuesday.