Trump Media Soars Over 20%...The stock price tripled this month.
Ahead of the U.S. presidential election, the stock price of "Trump Media," a major shareholder of former President Donald Trump, the Republican presidential candidate of the U.S., jumped more than 20%.
On the New York Stock Exchange, Trump Media closed at $47.36, up 21.6% from the previous trading day.
Trump Media is the parent company of Truth Social, a social network service founded by former President Trump, who holds a 57% stake.
Until now, Trump media shares have been jumping in line with the expectations of former President Trump's election.
Trump Media shares have surged 195% this month, according to some recent polls, as former President Trump's approval rating has shown a close advantage in competing states.
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On the New York Stock Exchange, Trump Media closed at $47.36, up 21.6% from the previous trading day.
Trump Media is the parent company of Truth Social, a social network service founded by former President Trump, who holds a 57% stake.
Until now, Trump media shares have been jumping in line with the expectations of former President Trump's election.
Trump Media shares have surged 195% this month, according to some recent polls, as former President Trump's approval rating has shown a close advantage in competing states.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
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