Trump Media & Technology Group (DJT) stock is soaring in the wake of the assassination attempt on former President Donald Trump's life on Saturday. The stock...
) stock is soaring in the wake of the assassination attempt on former President Donald Trump 's life on Saturday. The stock has skyrocketed by over 50% following the incident.break down the details of the stock's rise and provide insights into the wider"Trump trade," a term referring to stocks and sectors perceived to benefit from Trump's policies or influence.
Given his holdings in the business and as we've continued to see in some of the financial holdings, it's not the healthiest business and still has a lot of ways to go to really satisfy some of the ambitions that more fundamental or traditional investors that would be looking under the hood looking at profitability and the pathway to profitability sustained would typically require.
You'll also see the Treasury curve steep in as it's seen as a hedge against any inflationary pressures that a Trump presidency could mean for the broader economy. Trump told his former White House doctor he would have been shot 'right in the head' if he hadn't turned to look at an immigration statistics chart
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