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Trump Media stock claws back 36% after major sell-off - TL;DR CNBC

Trump Media stock claws back 36% after major sell-off

Publishing timestamp: 2024-06-25 17:31:07


Summary

Shares of Trump Media (DJT on Nasdaq) closed higher for the third straight trading day following a weeks-long sell-off after Donald Trump's criminal conviction. The stock price surged after the guilty verdict but has since rebounded, adding to Trump's on-paper net worth. The company's stock price has soared by 36% since the verdict, but uncertainties remain due to Trump's legal battles.


Sentiment: MIXED

Tickers: DJT?TAB=NEWS#:~:TEXT=DJT%20SHARE%20PRICE%20DOWN%20NEARLY%2050%25%20SINCE%20TRUMP%20GUILTY%20VERDICTDJT?TAB=NEWS#:~:TEXT=TRUMP%20MEDIA%20STOCK%20SOARS%2021%25%2C%20HALTING%20WEEKSLONG%20DECLINE%20IN%20DJT%20SHARE%20PRICEDJT

Keywords: trump media & technology group corpelectionsdonald trumpbreaking news: politicspoliticsbusiness news

Source: https://www.cnbc.com/2024/06/25/djt-trump-media-stock-rises-after-guilty-verdict-sell-off.html


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