What's Going On With Trump Media & Technology Stock On Monday?

Benzinga · 10/14 12:59

Trump Media & Technology Group Corp (NASDAQ:DJT) stock is trading in a volatile session on Monday, giving up the gains.

Multiple reports indicated Donald Trump is offering competition to Vice President Kamala Harris for the U.S. presidential election amidst at least three assassination attempts on the Republican candidate.

The arrest of an armed Vem Miller outside a Trump rally in California Saturday who tried to gain entry with a fake press pass sparked rumors of possible assassination attempt, the New York Post reports.

In July, Matthew Crooks shot Trump at a Butler, Pennsylvania, rally. In September, authorities caught an armed Ryan Wesley Routh hiding in the bushes at Trump’s West Palm Beach golf club.

Also Read: Trump Media Stock Surges as Elon Musk Backs Trump at Pennsylvania Event

DJT stock prices every positive and negative news surrounding its majority owner, Donald Trump, who retained his stake in the Truth Social parent despite the expiry of the lockup period, signaling his conviction in the company’s prospects.

Trump is trailing against incumbent Harris by smaller margins than he faced in his first two general elections, with Republicans counting on the “hidden Trump vote,” USA Today reports.

Current polls, including  ABC News-Ipsos, NBC News, and CBS News-YouGov, indicated winning over Harris’ national advantage as Trump’s immigration and economy policies continue to find favor with the American voters, including Latino, Hispanic, and Black, the Washington Post reports.

Trump’s campaigns over issues including the economy, immigration, and crime helped him find favors with Latino voters, the New York Times reports.

Voters in seven key battleground states view Trump as better suited than Harris to address top concerns like the economy and border security, according to a new Wall Street Journal poll.

Trump Media stock surged close to 51% in the last five days.

Price Action: DJT stock is down 0.63% at $25.12 premarket at the last check on Monday.

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