Trump Media Stock Soars After Assassination Attempt: What's Driving the Surge?

Shares of Trump Media & Technology Group are up sharply in Monday morning trade following the assassination attempt on the former president at a rally. Former President Donald Trump’s media company had shares of its stock explode more than 30% on Monday after he survived an assassination attempt.

In the wake of the assassination attempt on Donald Trump, the former president's media company, Trump Media & Technology Group, saw its stock price rise. Trump Media & Technology Group's stock price soared 32% in Monday trading as Wall Street recalculated the odds of former President Donald Trump succeeding in WASHINGTON (TND). Shares of former President Donald Trump’s media company, Trump Media & Technology Group, saw a massive leap in value Monday following the shocking news.

The stock value of Trump Media Group, parent company of Truth Social, soared Monday after the assassination attempt Saturday on former President Donald Trump. Shares in Trump Media & Technology, the parent company of Truth Social, the former president’s social media platform, leapt by 37 per cent after the opening bell and retained most of those gains.

Trump Media & Technology, the parent company of Truth Social, soared more than 35 percent on Monday morning following an assassination attempt against the former president. This dramatic increase reflects a complex market reaction, with investors seemingly anticipating increased engagement and support for the platform following the incident. Crypto stocks, gun stocks and shares of other companies that could benefit from a Donald Trump presidency jumped on Monday after the assassination attempt on the former president.