3 months ago
Key Takeaways
- Shares of Trump Media & Technology Group, proprietor of Truth Social, jumped aft markets opened Monday.
- The banal roseate successful nan first trading convention since Saturday's attempted assassination of erstwhile President Donald Trump.
- The Republican National Convention is scheduled to statesman later today.
Shares of Trump Media & Technology Group (DJT) jumped aft markets opened Monday, nan first trading convention since Saturday’s attempted assassination of erstwhile President Donald Trump astatine a rally successful Pennsylvania.
Stock successful nan company, which owns nan Truth Social social-media platform, was up 35% to $41.75 arsenic of 10:30 a.m. ET, somewhat beneath greeting highs. The jump pulls nan often-volatile shares, which person much than doubled this year, backmost to levels past seen successful mid-June. They stay disconnected April highs conscionable beneath $80.
The emergence besides comes up of nan commencement of nan Republican National Convention, which kicks disconnected today successful Milwaukee.
Trump Media & Technology Group successful early July joined nan Russell 3000 and Russell 1000 indexes. The move followed its merger pinch Digital World Acquisition Corp., a alleged blank-check company, earlier this year.
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