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Trump Media’s Stock Skyrockets After President’s ‘Buy’ Tip
In a shocking turn of events, Trump Media (DJT) stock saw a staggering 22% price jump on Wednesday after President Donald Trump posted a message urging investors to “BUY!!!”. The sudden surge in value follows an earlier regulatory filing that revealed the president’s holding company, now controlled by his son Donald Trump Jr., had increased its stake in the company.
According to the filing, Trump Jr.’s trust now holds a significant 53% ownership stake in Trump Media, which has more than doubled in value over the past year. The dramatic increase is likely to have far-reaching implications for both the company and President Trump’s net worth.
As of Wednesday evening, it appears that the president’s tweet had an immediate impact on the market, with DJT stock soaring by a whopping 22% as investors pounced on his bullish assessment.
Source: https://coincentral.com/trump-media-djt-stock-presidential-buy-tip-precedes-22-price-jump/
