Shares of Trump Media and Technology Group (DJT) jumped in early Wednesday trading with former President Donald Trump set to win re-election to the White House.
Shares of Trump Media and Technology Group (DJT) jumped in premarket trading with former President Donald Trump set to win re-election to the White House.
Trump Media & Technology shares soared on Wednesday morning after its majority shareholder, former President Donald Trump, declared victory.
Trump Media & Technology Group shares surged around 50% in premarket trading as Donald Trump declared victory in the presidential election.
Shares in Donald Trump's media company, Trump Media & Technology Group, surged as election results started to roll in on Tuesday evening. With the former president seeking re-election in a close race against Democratic Vice President Kamala Harris, investors closely tracked Trump Media's stock as a potential indicator of his political fortunes.
Nasdaq halts trading of the company's stock several times as its price rises and falls by huge percentages
Shares in the former president's media company jumped more than 6% after the company revealed a surprise earnings statement.
Shares of Trump Media have seen wild swings in recent days with the stock serving as something of a proxy for Trump's chances of election.
Former U.S. President Donald Trump's media company reported a net loss of $19.2 million in the third quarter, due to legal fees and costs tied to its TV streaming deal.
CNBC's Julia Boorstin joins 'Fast Money' to report on Trump Media shares being down after reporting earnings.
Trump Media & Technology Group DJT reported third-quarter financial results after the market close Tuesday, the same day Donald Trump is facing off against Kamala Harris in the 2024 presidential election.
Trump Media reported Tuesday a loss for the third quarter along with a slight drop in already meager revenue.