Trump Media Shares Surge Up to 75%, Trump Gains $1.5B After Assassination Attempt

Jul 15, 2024, 08:47 AM

Shares of Trump Media & Technology Group Corp. (TMTG), trading under the ticker $DJT, surged significantly in pre-market trading following an assassination attempt on former President Donald Trump. The stock saw an increase of up to 75% in pre-market sessions, with various reports indicating jumps of 21%, 60%, 69%, 74%, and even 100% at different times. This surge has boosted the value of Trump's stake in the company by nearly $2 billion, bringing his total stake to approximately $5.37 billion. Trump is up $1.5 billion today. The assassination attempt has also led to endorsements for Trump's presidential bid from Elon Musk and Bill Ackman.