Shares of Trump Media, the parent company of former President Donald Trump’s Truth Social platform, have soared significantly this week.
The stock, which trades under the DJT ticker on Nasdaq, rose about 21 percent on Monday and was up about 10 percent on Tuesday morning. The stock saw a decline during the early morning trading period, but was still up by about 3 percent as of 11 a.m. ET, when it was trading at more than $34.50 per share. The stock closed Friday at around $27.
