_trump-media-amp-technology-group-surges-26-retail-investors-hang-on-as-professional-investors-urge-caution.jpg "Trump Media & Technology Group Surges 26%. Retail Investors Hang On as Professional Investors Urge Caution from hand holding nid indian plp file 2023 Video Screenshot Preview")
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✓ Published: 20-Apr-2024
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✓ Published: 20-Apr-2024
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Trump Media & Technology Group shares surged 26% on Thursday, following a 15% increase on Wednesday. Despite this recent rally, the company's stock is still significantly down since its market debut in late March, resulting in billions of dollars in lost value for shareholders, including former President Trump. Small shareholders on Truth Social expressed optimism about the company's future, believing in the success of free speech and the platform. However, professional investors remain cautious about the outlook for Trump Media, warning that small investors holding onto the stock may become disillusioned.
Trump Media & Technology Group shares surged 26% on Thursday, following a 15% increase on Wednesday. Despite this recent rally, the company's stock is still significantly down since its market debut in late March, resulting in billions of dollars in lost value for shareholders, including former President Trump. Small shareholders on Truth Social expressed optimism about the company's future, believing in the success of free speech and the platform. However, professional investors remain cautious about the outlook for Trump Media, warning that small investors holding onto the stock may become disillusioned.
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