Social Media Stock Trump Media & Technology Group (NASDAQ: DJT) Hits High of over $45.following Election

November 6, 2024 (Investorideas.com Newswire) Investorideas.com, a go-to platform for big investing ideas for traders, including tech and social media stocks reports on trading for Trump Media & Technology Group (Nasdaq: DJT), operator of the social media platform Truth Social.

Following yesterday's election results the stock built momentum in pre markets and opened strong , reaching a high of 45.76 on volume of over 118 Million shares as of this report.

The stock has lost some of the initial euphoria and profit taking has brought the stock back to trading at 36.24, up $2.30.

The major indexes all soared pre market on Trump's win with the Dow up over 1000 points and currently up 1382 points.

Bitcoin USD (BTC-USD) is currently at $74,418.48, up 4,056.20, gaining +5.76%.

The Trump victory has definitely made investing great again, especially for the retail traders that bet on his win.

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