Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

After the Election Meeting in New York – Trump Stock Soars

» Published: 29 October 2024

After the Election Meeting in New York – Trump Stock Soars
Photo: Evan Vucci/AP/TT

It is only days left until it will be decided who will become the President of the USA for the coming years. The market has recently given the thumbs up to Donald Trump. On the stock exchange, the former president's media company, Trump Media & Technology Group, is going like a train.

Since the Trump campaign held its election meeting in the classic arena Madison Square Garden in New York over the weekend, the stock has soared. On Monday, the stock rose by over 20 percent, and over the past month, it has risen by nearly 200 percent.

In connection with the stock market opening on Tuesday, trading was stopped at several occasions after the stock had risen 14 percent.

Donald Trump's media company includes, among other things, his social media network Truth Social.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Trade Union Economist: Central Bank Lowers Interest Rate Too Late
1 MIN READ

Trade Union Economist: Central Bank Lowers Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

The Central Bank cuts interest rate in half – more to come
1 MIN READ

The Central Bank cuts interest rate in half – more to come

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange Rises at Opening
1 MIN READ

Stockholm Stock Exchange Rises at Opening

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night

Bitcoin hits new record
1 MIN READ

Bitcoin hits new record

Upward trend on the New York Stock Exchange
1 MIN READ

Upward trend on the New York Stock Exchange