Trump Media Stock Volatile Post-Conviction
TL;DR Summary
Shares of Trump Media & Technology Group, the parent company of Truth Social, experienced significant volatility following former President Donald Trump's conviction on 34 felony counts. The stock initially fell 14% in after-hours trading but later rebounded before ending the day down 5%. Many of Trump's supporters, who are also investors, rallied by buying more shares and expressing their support on Truth Social.
Trump Media Stock Swings After Conviction The New York Times
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