social media platform Truth Social, surged more than 10% in pre-market trading on Friday — a sign that investors were growing more confident that TrumpTMTG stock, which is listed on the Nasdaq, gave up most of the gains after the opening bell and was up a little over 1%, at $37.21, in mid-morning trading.
TMTG reported revenue of $770,500 for the March quarter and an adjusted operating loss of $12.1 million. It was last valued at $6.7 billion. “Fundamentally speaking, there is nothing much behind the Trump Media & Technology Group. The moves that we see are mostly speculative.”A CNN post-debate poll found that two out of three viewers thought Trump won.TMTG’s shares have more than doubled this year as Trump gained momentum in his bid to become the Republican candidate in the election.
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