New York CNN —
Former 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.
Up until very recently, Trump Media & Technology Group had been in meltdown mode. Its share price dropped to a record low of $12.15 on September 23, marking a stunning 82% crash from its high.
But the owner of Truth Social is enjoying a massive rebound of about 120% in the three weeks since, more than doubling its share price. It spiked nearly 50% last week alone
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