Midday update: Trump Media & Technology Group up 14.17%

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As of 12:06 PM ET on Tuesday, November 5, 2024, Trump Media & Technology Group Corp. (TMTG) has seen a notable surge in its stock price, climbing by 14.17%. The stock is now trading at $39.21, up by $4.87. This increase comes alongside a market capitalization of $7.86 billion, reflecting strong investor interest in the company.

The stock’s trading volume is 78.364 million shares, and the company’s price-to-earnings ratio (P/E) stands at 122.27%. With this rise, TMTG is continuing to capture attention in the media and tech sectors.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock prices are subject to fluctuation, and readers should conduct their own research or consult with a financial advisor before making any investment decisions.

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