DJT stock jumps as former president declares victory

Trump Media & Technology shares soared on Wednesday morning after its majority shareholder, former President Donald Trump, declared victory. The stock jumped 44% to $48.78 in premarket trade. The company's valuation runs far in excess of the financials, with a market cap of $6.8 billion. Trump personally holds nearly 115,000 shares in the company.

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DJT stock jumps in premarket trade as former president declares victory
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DJT stock jumps as former president declares victory
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Stock Track | Trump Media Stock Surges as Investors Bet on Trump's Election Prospects

User Discussion

Is It Time to Short DJT as Trump's Inauguration Approaches?

As the January 20 inauguration date draws near, traders are becoming increasingly vigilant. Last week, Trump privately told congressional Republicans that he plans to issue over 100 executive orders on his first day in office, targeting priorities like border security, immigration enforcement, and energy development. Trump reportedly expressed his desire to "make a splash" on day one, leveraging executive powers on a greater scale and at a faster pace than during his first term.The advent of “Trump 2.0” is certain to jolt the market. Historically, inaugural speeches often outline a "100-day plan" of policy priorities. During Trump’s first term, policies like immigration controls, withdrawal from the Trans-Pacific Partnership (TPP), expanding energy exploration, and tariff investigations—ac
Is It Time to Short DJT as Trump's Inauguration Approaches?