
Newsweek | Trump Media Stock Jumps 57%
Trump Media & Technology Group (TMTG) has been on a tear in recent weeks, as the president’s company has begun touting increasing fundamental strengths beyond its association with the president. The stock closed at $26.14 on Friday,Β up 57 percent from this month’s low of $16.66 on April 8. Jay Ritter, emeritus professor at the University of Florida’s Warrington College of Business, told Newsweek that TMTG’s recent rise was due to