Here’s why Trump Media stock price is soaring today
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最新报道：Trump Media & Technology Group's stock surged over 50% today following former President Donald Trump's increased stake in the company through bonus shares. The parent company of Truth Social granted Trump an additional 36 million shares after meeting certain performance benchmarks, boosting his ownership to 64.9%. This development comes as the company prepares for a potential merger with Digital World Acquisition Corp (DWAC), which could provide $300 million in funding. Market analysts attribute the stock rally to investor optimism about Trump's deeper involvement and the platform's growing user base, though some caution about the company's current lack of profitability. The stock has been highly volatile since its public debut earlier this year.
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