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DJT: Trump Media shares soar more than 12% in afternoon trading - TL;DR CNBC

DJT: Trump Media shares soar more than 12% in afternoon trading

Publishing timestamp: 2024-04-29 13:45:47


Summary

The share price of Trump Media soared by more than 12% in afternoon trading, continuing a stunning rise that began in mid-April. The company owns the Truth Social app frequently used by former President Donald Trump. Despite the increase in share price, the company has significant losses in its social media business.


Sentiment: MIXED

Tickers: DJT

Keywords: breaking news: politicstrump media & technology group corpbusinesssocial mediadonald trumpbusiness newsmarketspoliticsbreaking news: markets

Source: https://www.cnbc.com/2024/04/29/djt-trump-media-shares-soar-more-than-12percent-in-afternoon-trading.html


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