Reported 13 days ago
Trump Media & Technology Group's stock (DJT) surged over 4% after Donald Trump announced he has 'no intention' to sell his shares, maintaining a 60% stake in the company. Following a volatile period since the presidential election, where DJT shares fluctuated significantly, the stock rebounded from lows, reflecting shifts in betting markets favoring Trump's victory. Despite reporting a net loss of $19.25 million for the third quarter, optimism around potential future gains continues as short sellers face losses and short covering increases.
Source: YAHOO