Trump Media Surges After Hours Following A 21% Rally, Makes POTUS Richer By $410 Million—Official Trump Memecoin Also Gains
Posted On April 10, 2025
Entities tied to President Donald Trump surged on Wednesday, boosting his personal fortune, after he announced a surprise 90-day pause on reciprocal tariffs.
What happened: Trump Media and Technology Group Corp. (NASDAQ:DJT) shares were up 5.23% in after-hours trading after closing 21.7% higher at $20.27 during Wednesday’s regular trading session.
Similarly, the Official Trump (CRYPTO: TRUMP) meme coin traded at $8.08, up 7.51% in the last 24 hours. Entities affiliated with The Trump Organization control 80% of the coin’s supply.
Trump Media, the parent company of social media platform Truth Social, was co-founded by Trump, who maintains a 52.9% stake in the company, according to the …
About The Author
