Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win
Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. The stock rallied 10% by the close of formal after-hours trading on Tuesday, the US Election Day.
The upward momentum continued during special late trading on the Robinhood platform, with the stock soaring approximately 43%, reaching over $48 per share.
Trump Media & Technology Group Corp.’s stock is often seen by investors as a barometer for Donald Trump’s political prospects, especially as he seeks re-election in a closely contested race against Democratic Vice President Kamala Harris. The stock has experienced significant volatility throughout…