Trump Media stock jumps after assassination attempt

Category: Finance

Trump Media's stock price surged more than 31% following an assassination attempt against former President Donald Trump at a rally in Pennsylvania. Investors are increasingly confident in Trump's potential election victory, impacting Wall Street. The parent company of Truth Social app, Trump Media, has been compared to meme stocks like GameStop and AMC, showing volatility and overvaluation.

Keywords: Trump Media, Stock price surge, Assassination attempt, Election impact, Meme stocks, Overvaluation

Source: USA TODAY

Update At: 7/16/2024

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