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Market Mover | Trump Media & Technology Group Shares Surge 18% as Trump's Poll Numbers Catch Up

Moomoo News ·  Oct 29 20:55  · Movers

October 29, 2024 - $Trump Media & Technology (DJT.US)$ shares surged 18.14% to $55.95 in pre-market trading on Tuesday. Since September 23, shares of Trump Media Group have risen approximately 280%, reaching its highest level since June.

According to New York Times poll charts, Trump is currently in a neck-and-neck position with his Democratic challenger Harris in polling support, but many betting websites indicate that Trump's chances of winning are increasing. For example, the betting platform Polymarket shows that since early October, the probability of Trump winning has been steadily rising. As of now, the platform indicates that the market believes Trump's chances of victory are at 66%, while Harris stands at only 34%.

About the company

Trump Media & Technology Group (NASDAQ: DJT) (“TMTG”) is a social media and technology focused company whose mission is to end Big Tech’s assault on free speech by opening up the Internet and giving people their voices back.

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