Trump Media Stock Rises 20% Amid Election Hopes

Reported 30 days ago

Shares of Trump Media & Technology Group, owner of the Truth Social app, surged 20% as betting odds favor Donald Trump in the final days of the campaign for the U.S. presidency. The stock price reached $46.93, nearly quadrupling since a low in September. While the company struggles with generating revenue, its market value reflects speculative interest in Trump's potential reelection against Vice President Kamala Harris, with current odds suggesting a 62% chance of victory for Trump.

Source: YAHOO

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