Donald Trump has been announced as the winner of the 2024 presidential election, and Trump Media stock is surging.Trump Media (DJT 6.01%) stock is climbing in Wednesday's trading. The company's share price was up 8% as of 11:45 a.m. ET and had been up as much as 34.9% earlier in the day's trading.Trump Media stock has often made big moves in conjunction with events in the 2024 presidential election. With voting now concluded and victory being called for Donald Trump, the company's share price is surging.Las ...

US markets soared during early trading Wednesday morning in a robust market reaction to the election, as former President Trump defeated Vice President Kamala Harris in a decisive victory. The Dow leapt 3.3%, while the S&P 500 and Nasdaq both advanced about 2.1%.Despite rising political tensions lately, stocks were eerily calm heading into the election. The market’s level of uncertainty peaked prior to the outcome, with the volatility (VIX) index plunging nearly 7% during Tuesday’s session and another 23% o ...

ToplineDonald Trump’s election victory sent shares in Trump Media & Technology Group soaring on Wednesday, a market shift that added nearly $300 million to Trump’s fortune as he secured his second presidency.The stock rallied from Trump’s victory, despite an earlier earnings report showing the company lost ... [+] money.Copyright 2024 The Associated Press. All rights reserved Key FactsShares of Trump Media increased by nearly 8% to just under $37 as of around 11 a.m. EST, following an earlier surge in prema ...

Key TakeawaysShares of Trump Media and Technology Group jumped with former President Donald Trump set to win re-election to the White House.The social-media company’s shares were recently trading at around $40, more than 17% above Tuesday's close. The move would extend a jump off fall lows below $12 that has been marked by big swings in the company's value. Shares of Trump Media and Technology Group (DJT) jumped in early Wednesday trading with former President Donald Trump set to win re-election to the Whit ...

Key TakeawaysShares of Trump Media and Technology Group (DJT) jumped in premarket trading with former President Donald Trump set to win re-election to the White House.The social-media company’s shares were recently trading at around $45, indicating an open more than 30% above Tuesday’s close.The move would extend a jump off fall lows below $12 that has been marked by big swings in the company's value. Shares of Trump Media and Technology Group (DJT) jumped in premarket trading with former President Donald T ...

Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Shares in former President Donald Trump's media company pushed higher as voting wound down in the contentious election campaign Tuesday. In after-hours trading, Trump Media & Technology Group most recently were up about 4% in volatile and heavy trading. The stock, seen as a market proxy for the former president's prospects as he seeks a secon ...

Former President Donald Trump’s media company reported a net loss of $19.2 million in the third quarter, due to legal fees and costs tied to its TV streaming deal.Trump Media & Technology Group said the figure includes $12.1 million in legal fees in the quarter, stemming from its acquisition of TV streaming technology in August and residual fees related to its SPAC deal in March. It was the company’s third straight quarterly loss since going public in March.It also reported $3.9 million in research and deve ...

Trump Media & Technology Group DJT reported third-quarter financial results after the market close Tuesday, the same day Donald Trump is facing off against Kamala Harris in the 2024 presidential election.What Happened: Trump Media & Technology Group announced third-quarter net sales of $1.01 million, down 6% year-over-year, according to data from Benzinga Pro.The company said all of its revenue came from advertising on the Truth Social platform in the quarter.The company reported a loss of 10 cents per shar ...

Republican presidential nominee and former U.S. President Donald Trump speaks at a campaign town hall meeting in Lancaster, Pennsylvania, U.S. October 20, 2024.Trump Media, which is experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump's presidency chances, revealed after the closing bell a loss for the third quarter along with a slight drop in already meager revenue.The Truth Social parent lost $19.2 million during the period while revenue fell 5.6% to just $1.01 million fro ...

~ Ended Third Quarter with $673 Million in Cash/Investments and No Debt ~ ~ Activated Proprietary TV Content Delivery Network in Multiple Nodes Across the Nation ~ ~ Released Truth+ TV Streaming Apps for iOS, Android Devices and Connected TV Sets ~ ~ Exploring Further Growth Avenues Including Mergers/Acquisitions ~ SARASOTA, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) (“TMTG” or the “Company”), operator of the social media platform Truth Social, is announcing ...