In this picture, a mobile phone shows the logo design of Donald Trump’s Truth Social app on March 25, 2024.
Anna Barclay|Getty Images
The share rate of Trump Media closed almost 26% greater Thursday, the 2nd day of strong trading gains for the owner of the Truth Social app.
DJT shares acquired $6.79 per share Thursday to close at $3319, a gain of 25.72%.
More than 17.3 million shares of Trump Media altered hands throughout the day, which ended with the business’s market capitalization at $4.5 billion.
Trump Media shares closed more than 15% greater on Wednesday.
The huge gains followed a 20% drop in the share rate over recently, followed by an 18% plunge on Monday, and a more than 14% dip Tuesday.
DJT past 5 days
Earlier Thursday, the business informed the Securities and Exchange Commission of an upgrade to its site, which provides investors ideas on how to prevent their stock being lent to brief sellers who would then utilize it to bank on rate drops.
