Shares in Donald Trump’s media company surged by about a third to reach their highest value in five weeks after the attempted assassination of the former US president, adding about $2bn (£1.5bn) to the valuation of the business behind the X rival Truth Social.
Trump Media and Technology Group, which uses his initials DJT as its ticker, has been a volatile stock since its blockbuster debut in March. However, after Saturday night’s attack increased Trump’s perceived chances of winning November’s presidential election, traders pushed the share price back to the highest level since 10 June.
