Stock Market Today, Dec. 18: Trump Media Surges on All Stock Merger With TAE Technologies

Group 1 - Trump Media & Technology Group has made a surprising move by merging with TAE Technologies, a nuclear fusion energy company, which has generated optimism in the market [3][5] - The merger is valued at $6 billion, with Trump Media providing $200 million in cash upfront and an additional $100 million later as TAE works towards delivering fusion-generated electricity by 2031 [5] - Despite a significant stock price increase of 42% in one day, Trump Media's stock is still down 58% over the past year, indicating a high-risk, high-reward investment scenario [2][6] Group 2 - The trading volume for Trump Media reached approximately 99.5 million shares, which is about 1,265% above its three-month average of 7.3 million shares [2] - The current market capitalization of Trump Media is $2.9 billion, with a current stock price of $14.86 [2] - TAE Technologies has previously secured $1.2 billion in funding from major investors like Alphabet and Goldman Sachs, showcasing the viability of its patented technology [6]