Trump's stock soars after assassination attempt

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Trump's stock soars after assassination attempt
Photo: John Minchillo AP/TT

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The stock in Trump Media & Technology, presidential candidate Donald Trump's media company, is soaring upwards by 69 percent in early trading on Wall Street following the assassination attempt on Trump at a campaign meeting in Pennsylvania, USA.

Trump owns a majority stake in the recently listed company, which operates, among other things, the social network Truth Social. The stock market value has fluctuated greatly since the listing, and the closing price on Friday – before the weekend's shooting at Trump – was $30.89.

The price can be compared to the historical high of over $66 per share at the end of March, days after the stock market introduction – which was made through an already listed so-called acquisition company.

The price surge in Monday's early trading comes after the price of Trump's stock also rose sharply during night trading on the Robinhood trading platform.

The regular trading on Wall Street begins at 15:30 Swedish time.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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