USA Today | Trump Media shares surge one week ahead of presidential inauguration

Shares for the company behind Trump’s social media platform Truth Social ended the day up 21.5% at $42.91. It was the company’s largest single-day jump on the Nasdaq since Trump won the presidential election in November.

Shares have been volatile since Trump Media went public in March 2024, but Monday’s gains were significant, according to University of Florida Cordell Eminent Scholar Jay Ritter.

Read more of Ritter’s insights in this story from USA Today.