DJT stock extends gains as investors assess Elon Musk support, Harris media appearances

Published On Oct 8, 2024, 2:46 PM

DJT stock has seen significant gains, rising over 13% as investors react to the support from Elon Musk, who appeared at a Trump rally, and Kamala Harris' media appearances. While Trump remains a strong candidate in the upcoming election against Harris, his company, Trump Media & Technology Group, faces scrutiny with its fundamentals questioned, reporting a net loss in its last quarter.

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With the increasing interest and market movements influenced by high-profile endorsements like Elon Musk, DJT stock could continue to attract investor attention. However, concerns over the company's profitability and political dynamics suggest potential volatility.

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