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International Business Times UK

David Unyime Nkanta

Trump Media Stock Explodes 33% After $6 Billion Fusion Merger Announcement: What's Next for Investors?

X Trump Media United States Donald Trump Truth Social

Truth Social (Credit: IBTimes UK)

Stock prices of Trump Media and Technology Group (TMTG), which owns Truth Social, shot up by over 25 per cent following the announcement of a $6 billion (£4.49 billion) deal with TAE Technologies.

The announcement on Thursday is poised to improve the company's financial stability and its presence in the competitive world of social media.

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