BUZZ-Trump Media surges as Donald Trump elected US president
Reuters2024-11-06
BUZZ-Trump Media surges as Donald Trump elected US president Updates
** Shares of Trump Media & Technology Group DJT.O jump 38% to $46.81 before the bell
** Donald Trump recaptured the White House on Wednesday by securing more than the 270 Electoral College votes needed to win the presidency, Edison Research projected
** Trump owns a majority stake in DJT, which operates the Truth Social media platform
** Since its March listing, DJT has been popular with retail traders and seen as proxy on Trump's election prospects
** As of last close, DJT shares had almost doubled in value since debut
(Reporting by Bhanvi Satija in Bengaluru)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))
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