Shares of Trump Media & Technology Group surge before the market opens, according to Investing.com

As the market debut of Trump Media & Technology Group (DJT) approached, excitement and anticipation built among investors. On Tuesday, shares of DJT surged more than 16% in its first day of trading, reaching a closing price of $57.99 per share.

Following the completion of the merger with Digital World Acquisition Corp., DJT became publicly traded for the first time. The success of Truth Social, Trump’s social media platform, has contributed to the rapid rise in DJT’s stock value. Despite being reinstated on mainstream platforms like Facebook and Twitter, Trump has remained loyal to Truth Social.

As the majority shareholder in DJT, Trump holds approximately 78 million shares in the company. His presence in the company has helped bolster confidence in its future growth and potential for further success in the market. With his entrepreneurial spirit and a growing following on Truth Social, it’s clear that Trump is set to continue making waves in the world of technology and media.

By Sophia Gonzalez

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