Trump Media Soars After Tweet 'THIS IS A GREAT TIME TO BUY'

Trump Media Jumps Most Since January After Social Media Post

Apr 10, 2025

Summary

Trump Media shares surged over 22% after Donald Trump encouraged investors to buy the stock on his social media platform

April 10 - Trump Media & Technology Group (DJT, Financial) shares jumped more than 21% Wednesday, marking the stock's biggest single-day gain since January, with the move landing it among the top performers in the communications services sector.

The rally came after a post by President Donald Trump on his Truth Social platform, where he wrote, “THIS IS A GREAT TIME TO BUY!!! DJT.” The message was published hours ahead of an announcement regarding a 90-day pause on reciprocal U.S. tariffs first proposed earlier this month.

Trading activity surged, with over 14.4 million DJT shares changing hands — more than double the stock's three-month average volume. Short interest currently sits at 5.47%, based on the latest available data.

Despite the latest upswing, DJT has slumped 49% year-to-date. Over the same period, the S&P 500 index was down 7%.

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I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure

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