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Trump Media & Technology Group Corp. (TMTG) closed down 1.16% at $33.94 at 4:00 PM ET on Wednesday, November 6, 2024, following the announcement of the 2024 U.S. presidential election results. Despite the day’s loss, the stock surged in pre-market trading, up 33.00% to $45.14 at 9:26 AM EST, as investors reacted to Donald Trump’s victory and his return to the White House.
The stock’s market cap stands at $6.793 billion, with a trading volume of 151.777 million shares at the close. The price-to-earnings ratio (P/E) is at 120.68%, reflecting market optimism despite the volatility. The sharp pre-market rise suggests investor confidence in the company’s future prospects under a second Trump administration, as markets speculate on potential policy shifts and opportunities in media and technology sectors.
Market Overview:
- Trump Media & Technology Group (DJT): $33.94 (-1.16%) at market close, $45.14 (+33.00%) in pre-market
- Market Cap: $6.793 billion
- Trading Volume at Close: 151.777 million shares
- P/E Ratio: 120.68%
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock prices are highly volatile and can fluctuate rapidly based on market conditions. Readers are advised to conduct their own research or consult with a financial advisor before making any investment decisions.