Shares of Trump Media jumped at the opening bell one day after the first 2024 presidential debate.
Shares of Trump Media & Technology Group jumped 5 percent at the opening bell on Friday.The spike followed last night's presidential debate, which saw former President Donald Trump clash with incumbent President Joe Biden.Biden gave a shaky performance at the CNN-hosted debate. Even Vice President Kamala Harris was forced to admit that he had a 'slow start' to the evening.
Shares in the company have performed erratically since it first went public in March this year, experiencing sharp upturns and steep falls.Trump's chances of victory in November have improved in the eyes of leading bookmakers, with Betfair spokesperson Sam Rosbottom telling Newsweek: 'Biden's disastrous head-to-head with Trump has seen punters rapidly lose faith that the incumbent president has another five years in him.
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