Trump Media shares jump on announcement of ETF deal with Crypto.com – NBC 5 Dallas-Fort Worth
- Shares of Trump Media jumped in after-hours trading on Monday after the president’s social media company announced an agreement with Crypto.com to launch ETFs and related products.
- The arrangement mirrors Trump’s licensing deals, in which other companies roll out products using the Trump brand.
- The stock was down 38% for the year as of Monday’s close.
Shares of Trump Media jumped about 9% in extended trading on Monday after the parent of the president’s social media company announced an agreement with Crypto.com to launch a series of exchange-traded funds and related products.
The company, which runs the Truth Social platform, has been hammered by investors so far this year despite President Donald Trump’s return…
