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Trump Media Shares Surge 75% After Assassination Attempt in Pennsylvania, Trump Gains $1.5B

Jul 15, 2024, 12:06 PM

Trump Media & Technology Group Corp. (DJT) shares surged significantly in pre-market trading following an assassination attempt on former President Donald Trump at a rally in Pennsylvania. The stock saw various increases reported, including jumps of 21%, 47%, 50%, 55%, 60%, 63%, 67%, and even up to 75%, reaching $51.66 per share. The assassination attempt occurred on Saturday, and the market reaction was immediate as trading opened on Monday. Notably, Elon Musk and Bill Ackman endorsed Trump for president shortly after the incident. Trump's personal wealth also increased by $1.5 billion due to the stock surge.