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Trump Media Shares Rise Over 30% Amid US Election

Nov 6, 2024 11:11 155

Trump Media Shares Rise Over 30% Amid US Election  - 1

Shares of Republican presidential candidate Donald Trump's Trump Media surged during the evening session on the Nasdaq electronic stock exchange . They rose by 15.97% to 39.36 USD per security. Until 09:35 Bulgarian time Trump Media & Technology Group Corp., which owns the social network Truth Social, significantly accelerated its growth and reached USD 44.34 per share (+30.64%).

At 09:45 Bulgarian time, the company's shares were at $40.77 (+20.12%). At the same time, shares of Tesla, owned by entrepreneur Elon Musk, who openly supports Donald Trump, also showed growth and reached $259.44 (+3.18%).