Shares in Donald Trump’s social media group surged to their highest in more than two months on Monday, having almost doubled in just the past two weeks.
Trading in Trump Media and Technology shares was the busiest since July 15, which was the first trading day after an attempted assassination of the Republican presidential candidate at a rally. That day, the shares jumped 31 per cent.
On Monday, they rose 18.5 per cent after the lossmaking company announced the launch of a video streaming service that includes “news, entertainment, faith-based programming, weather, documentaries, children’s content and more”.
https://www.ft.com/content/3fba66d7-f6d7-4a75-b162-43d1bb84e506
