Mark Luschini, chief investment strategist at Janney Montgomery Scott, weighs in as Trump Media is slated to start trading under DJT and bitcoin spikes to head off the week.
Shares of former President Donald Trump’s social media company surged on Tuesday morning during its first day of trading on the Nasdaq.
Trump Media & Technology Group’s stock climbed about 50% at the opening bell before being halted briefly due to volatility. It is currently trading at around $70 a share.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DJT | TRUMP MEDIA & TECHNOLOGY GROUP CORP | 69.70 | +19.75 | +39.55% |
The company is the parent of the social media app Truth Social.
This is a developing story. Please check back for updates.
