Trump Media Stock Jumps in Wake of Shooting...

Shares climb ahead of start of Republican National Convention

Photo by Leon Neal/Getty Images Images of former President Donald Trump on stage in the Fiserv Forum in Milwaukee on Sunday.

Key TakeawaysShares of Trump Media & Technology Group, owner of Truth Social, jumped after markets opened Monday.The stock rose in the first trading session since Saturday's attempted assassination of former President Donald Trump.The Republican National Convention is scheduled to begin later today.
Shares of Trump Media & Technology Group (DJT) jumped after markets opened Monday, the first trading session since Saturday’s attempted assassination of former President Donald Trump at a rally in Pennsylvania. Stock in the company, which owns the Truth Social social-media platform, was up 35% to $41.75 as of 10:30 a.m. ET, somewhat below morning highs. The jump pulls the often-volatile shares, which have more than doubled this year, back to levels last seen in mid-June. They remain off April highs just below $80. The rise also comes ahead of the start of the Republican National Convention, which kicks off today in Milwaukee. Trump Media & Technology Group in early July joined the Russell 3000 and Russell 1000 indexes. The move followed its merger with Digital World Acquisition Corp., a so-called blank-check company, earlier this year. Read the original article on Investopedia.

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