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Trump Media Stock Surges Amid Speculation Of Election Win

A screen displays trading information about shares of Truth Social and Trump Media & Technology Group, outside the Nasdaq Market site in New York City

Former President Donald Trump’s social media company, Trump Media & Technology Group, has experienced a significant surge in its share price on Wall Street. The company, which owns Truth Social, recently saw a remarkable turnaround after facing a record low share price of $12.15 on September 23, representing an 82% drop from its peak.

However, in the past three weeks, the company has witnessed a massive rebound, with its share price nearly doubling and increasing by almost 150%. Last week alone, the stock spiked by nearly 50%, followed by an additional 18% surge on Monday.

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