Trump Media shares surge 21% after Trump rally in New York City
Publishing timestamp: 2024-10-28 15:35:37
Summary
Shares of Donald Trump's social media company surged 21% after his campaign rally in NYC, surpassing previous peak. Stock gains coincide with shift in Republican favor on betting sites, despite polls showing close race. Analysts suggest stock movements are more about supporting Trump than company performance. Critics raise concerns about manipulation of election betting markets.
Sentiment: MIXED
Tickers: DJT,
Keywords: trump media and technology group equty warrants exp 25th mar 2029, breaking news: markets, elections, kamala harris, business news, breaking news: politics, donald trump, markets, donald j. trump, government and politics, politics, stock markets,
Source: https://www.cnbc.com/2024/10/28/djt-trump-media-stock-election-rally-nyc.html