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Trump Media & Technology Group Corp. (DJT) and Tesla, Inc. (TSLA) experienced significant stock price gains this morning as investors responded to the announcement of Donald Trump’s victory in the 2024 U.S. presidential election. As of 9:43 AM ET on Wednesday, November 6, 2024, both companies saw notable surges in their stock prices, driven by growing optimism about the political and economic landscape under Trump’s second term.
- Trump Media & Technology Group Corp. (DJT) rose 17.32%, gaining $5.88 to reach $39.82 per share. The company’s market capitalization now stands at $8.445 billion, with a 24-hour trading volume of $53.08 million, reflecting growing investor interest as the company positions itself in the media and technology sectors.
- Tesla, Inc. (TSLA) also saw a strong rally, rising 14.36%, with its stock price increasing by $36.11 to $287.55. The electric vehicle leader’s market cap surged to $924.575 billion, with a 24-hour trading volume of $43.707 million. Tesla’s growth is attributed to expectations of favorable policy shifts under Trump’s administration, particularly in the EV and clean energy sectors.
Market Overview:
- Trump Media & Technology Group (DJT): $39.82 (+17.32%)
- Tesla (TSLA): $287.55 (+14.36%)
- Market Cap:
- Trump Media & Technology: $8.445 billion
- Tesla: $924.575 billion
- 24-Hour Trading Volume:
- Trump Media & Technology: $53.08 million
- Tesla: $43.707 million
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock prices are volatile and can fluctuate based on various factors. Readers should conduct their own research or consult with a financial advisor before making any investment decisions.