On July 28, 2024, former U.S. President and Republican presidential candidate Donald Trump spoke at a campaign rally at the historic Greenbrier Farm in Chesapeake, Virginia.
Jim Watson | AFP | Getty Images
Trump Media Shares soared more than 50% in premarket trading on Monday after the former president’s assassination attempt. Donald Trump Saturday at a rally in Pennsylvania.
Trump is Grazed by a bullet and was treated at a local hospital but was released late Saturday night after a shooting at a rally in Pennsylvania.
Shares of Trump Media & Technology Group were up 52% ​​in premarket trading at 6:09 a.m. ET, up from an earlier high.
Analysts said the assassination could make Trump more likely to win the November election.
“Saturday’s events, if anything, strengthen the case for President Donald Trump to win the November election,” Rob Casey, partner at Signum Global Advisors, told CNBC. “I think that’s what the market is going to do tonight. Reaction.
Trump Media, the parent company of social media platform Truth Social, has seen volatility throughout the election. stock plummet Close to 50% in the next three weeks felony conviction Trump is also the company’s majority shareholder.
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