Donald Trump's Social Media Stock Jumps In Debut

Shares of Trump Media & Technology Group Corp. or TMTG, the operator of the social media platform Truth Social founded by former U.S. President Donald Trump, gained big in its Tuesday's debut on the Nasdaq stock exchange. Trump Media shares, which climbed as much as 50 percent in the initial trading, closed Tuesday at 16.1 percent higher reaching a market capitalization of $6.58 billion.

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