Trump Media & Technology Group Stock Surges 17% Ahead of 2025 Inauguration
Trump Media & Technology Group (DJT) shares soar as the 2025 inauguration approaches, sparking renewed investor interest.
The excitement surrounding the upcoming inauguration has reignited interest in the "Trump Trade," particularly in Trump Media & Technology Group (DJT), the company closely associated with former President Donald Trump.
DJT shares experienced a notable 17% increase, reaching price levels not seen since before the 2020 election. This surge highlights growing investor optimism as the inauguration scheduled for next Monday draws near.
Since early December, DJT stock had largely remained stable, influenced by traders' perceptions of Trump's political trajectory. However, anticipation of the second inauguration has prompted renewed buying activity ahead of this significant event.
The stock's recent performance reflects a volatile journey: after falling below $12 last fall due to concerns over insider selling, DJT shares rallied to nearly $55 before Election Day and currently trade around $40.
Corporate developments have been minimal, with no major announcements or acquisition rumors since the company's last quarterly report in November. Despite this, market movements appear driven more by political events than financial results.
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