Trump Sold Exxon Stock on Day of Iran Ceasefire Announcement
Source Summary
President Trump's investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the same day he announced a ceasefire in the Iran war. Exxon shares fell 6.5% the following day, opening at $153.52 after closing at $163.91 on April 7. The sale occurred hours before the stock price decline, according to financial disclosures reviewed by CBS News.
Why it matters
The timing of the stock sale relative to the ceasefire announcement and subsequent 6.5% price decline raises questions about the relationship between Trump's policy decisions and his personal investment transactions.
