• 10 hours ago
Shares of Trump Media & Technology rose on Election Day as traders speculated that a Trump victory could boost the company’s business. The stock is seen as a proxy for Trump’s 2024 presidential chances. Trump Media’s stock has nearly doubled in 2024 but plummeted 33% over the past week amid Vice President Kamala Harris’s recent momentum. On Monday, DJT shares surged 12%. Jay Woods of Freedom Capital Markets described trading DJT as GameStop on steroids, cautioning about its long-term metrics. With strong interest from retail investors, the stock remains popular on Reddit’s WallStreetBets.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Shares of Trump Media and Technology rose on Election Day as traders speculated that a Trump
00:06victory could boost the company's business. The stock is seen as a proxy for Trump's 2024
00:12presidential chances. Trump Media's stock has nearly doubled in 2024 but plummeted 33% over
00:18the past week amid Vice President Kamala Harris' recent momentum. On Monday, DJT shares surged 12%.
00:25Jay Woods of Freedom Capital Markets described trading DJT as
00:28GameStop on steroids, cautioning about its long-term metrics. With strong interest from
00:33retail investors, the stock remains popular on Reddit's WallStreetBets.

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