Trump Media shares up 100% from recent low
Omar Marques | Lightrocket | Getty Images
Shares of Trump Media shot up more than 17% Thursday, keeping up the momentum of a rally that has recovered some of the Truth Social operator’s steep losses from a recent weekslong sell-off.
DJT stock closed at $24.12 per share, more than double the $11.75 price it fetched in an intraday trading low just over two weeks ago.
Trump Media (DJT) Stock Price
The surge came amid little positive news about the company, but coincided with some recent presidential election polls and other indicators that allies of former President Donald Trump, its majority shareholder, took as positive signs.
Many analysts have described Trump Media as a meme stock that is being bought and…
