Shares of former US President Donald Trump’s social media company, Trump Media & Technology Group, hit a six-week high on Thursday.
• Also read: Trump Media & Tech collapses on the stock market
The stock has been able to maintain an increase of 16% in recent days, according to information from the Reuters agency.
The action of Truth Social, the social network associated with the company Trump Media & Technology Group, has increased by 45% in the last week. Its value was then estimated at $23.85.
57% of Truth Social’s shares belong to the Republican candidate.
Remember that Donald Trump’s company has been put to the test in recent weeks, having recorded a decline of around 10% following his presidential debate on September 10 with Democratic candidate Kamala Harris.
Truth Social had also declined by around 57% between March and August 2024. The stock then fell by almost 33% the following month.
