By Jerry Kronenberg | Moomoo News
DJT climbed more than 15% Wednesday, partly recouping a nearly 30% drop that ex-president Donald Trump's media company had seen earlier this week.
$Trump Media & Technology (DJT.US)$ rose 15.6% to close at $26.40, snapping a two-day losing streak that saw its price fall 29.9% since last Friday.
Trump Media this week announced plans to launch a live TV service, and also separately said that it plans to issue an additional 21 million shares of stock.
Meanwhile, Trump himself had a high-profile appearance in a New York City courtroom this week for his criminal trial over his alleged improper accounting of a reputed hush-money payment to stripper Stormy Daniels.
Trump allegedly paid her off to keep their reputed affair quiet, then supposedly disguised the pay-off as a payment to his lawyer to hide the whole matter from public view.