DJT stock soars amid Trump's rise in the betting markets, while volatility prompts trading halts
CBSN
Donald Trump's media company is enjoying a stock market resurgence, with shares of Trump Media & Technology Group soaring on Tuesday as betting markets now wager the former president is favored to win in the November 5 election.
The focus on Trump Media — which trades under the ticker DJT, the same as Trump's initials — have led to a spike in trading volume, with the New York Stock Exchange halting trading of the stock several times on Tuesday due to unusual volatility.
Shares jumped $5.86, or 12.4%, to $53.22 in Tuesday afternoon trading. The stock has more than tripled in value during the past month.
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