On Friday, Trump Media & Technology Group Corp. (NASDAQ: DJT) experienced a 3.3% increase in its shares. The stock reached a high of $37.19 and closed at $34.29, with a total of 7,297,366 shares traded during the day – an impressive 19% increase from the average daily volume.
Trump Media & Technology Group is a developer of a social media platform called Truth Social, which provides social networking services in the U.S. Founded in 2021, the company is headquartered in Sarasota, Florida. The success of Truth Social has contributed to the growth of Trump Media & Technology Group and its stock performance.
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