
Shares of Trump Media & Technology Group, which operates the social media platform Truth Social, experienced a significant increase amid rising betting odds favoring former President Donald Trump in the 2024 U.S. presidential election. On Monday, the stock surged by 17% to 18%, reflecting renewed investor interest as Trump's momentum in swing states disrupts expected election outcomes and challenges his rivals. This surge in stock price is attributed to speculation regarding Trump's potential return to the White House, with betting markets indicating a shift in favor of his candidacy as the election approaches. The stock trades under the ticker $DWAC.
Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why. https://t.co/ujWvhTzM0x
Trump Media stock surges as election betting odds shift, Truth Social launches streaming site https://t.co/AyIXMl7735
Trump Media shares make comeback as former president's election odds rise https://t.co/rrJUbqHLOw
