Reported 28 days ago
Donald Trump's social media company, Trump Media & Technology Group, has seen its stock rally by 324% over the past five weeks, adding over $7.9 billion in value, as predictions of his potential victory in the upcoming election gather momentum. The surge has been fueled by increased trading activity, despite the company’s lackluster business performance and a close national polling race between Trump and Kamala Harris. Retail traders' speculative bets on Trump's chances are blurring the lines between gambling and trading, reflecting in other companies associated with Trump's brand.
Source: YAHOO