Trump’s social media stock is making an epic comeback as election nears

President Donald Trump’s social media company is on fire on Wall Street. It’s all about Trump’s perceived chances of retaking the White House. 

The value of Trump’s stake in the company has spiked by about $1.7 billion since September 23 to just over $3 billion.

Jay Ritter, Cordell Eminent Scholar at the University of Florida who has studied capital markets for four decades, described the 100% spike for Trump Media since September 23 as “stunning.”

Read more in this story from CNN.