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Trump Media and Technology Group Soars to New Highs Following Public Debut on NASDAQ

Shares of Trump Media & Technology Group Surge Before Market Open According to Investing.com

Trump Media and Technology Group Soars to New Highs Following Public Debut on NASDAQ

The Trump Media and Technology Group (DJT) experienced a remarkable increase in stock prices, rising by more than 16% following its market debut. This surge comes after the company experienced a massive 50% increase in value just minutes after becoming publicly traded on Tuesday.

The merger between DJT and Digital World Acquisition Corp. was finalized on Monday, paving the way for DJT to begin trading on the stock market. As of Wednesday morning, the stock has surpassed the $67 per share mark, with continued growth expected as investors recognize the potential of Trump’s social media platform, Truth Social.

Truth Social was developed by Trump after he was banned from mainstream platforms like Facebook and Twitter. Despite being reinstated on those platforms, Trump has remained loyal to Truth Social. He is the majority shareholder of DJT, holding approximately 78 million shares in the company, according to recent filings.

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