{"id":53680,"date":"2024-09-25T10:01:03","date_gmt":"2024-09-25T14:01:03","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=53680"},"modified":"2024-09-25T10:01:03","modified_gmt":"2024-09-25T14:01:03","slug":"trump-media-technology-group-shares-surge-nearly-8-amidst-two-day-rally","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/trump-media-technology-group-shares-surge-nearly-8-amidst-two-day-rally\/53680\/","title":{"rendered":"Trump Media & Technology Group shares surge nearly 8% amidst two-day rally"},"content":{"rendered":"<p>Shares of Trump Media & Technology Group, the parent company of Truth Social, jumped by 7.82%, trading at $13.79 as of 9:57 a.m.<\/p>\n<p>This marks the second consecutive day of gains for the stock, which had previously dropped more than 30% this month. Investors appear optimistic, pushing the stock higher despite recent declines in the overall performance for September.<\/p>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"1e38c4e1-93c5-40ed-89e5-1898183256d0\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>On September 23rd, shares of former U.S. President Donald Trump\u2019s media company fell by 10% to a new low, continuing recent losses after the expiration of insider selling restrictions.<\/p>\n<p>Trump Media & Technology Group, 57% owned by the Republican presidential candidate, has seen six consecutive sessions of declines, reducing its market capitalization to $2.4 billion. The company\u2019s stock, which runs the Truth Social app, closed at $12.15, its lowest point since its market debut in March.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Trump Media & Technology Group, the parent company of Truth Social, jumped by 7.82%, trading at $13.79 as\u2026<\/p>\n","protected":false},"author":432,"featured_media":53685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[17205],"class_list":["post-53680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-trump-media-technology-group"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/53680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/432"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=53680"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/53680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/53685"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=53680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=53680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=53680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}