The recent rise in TMTG stock, increasing 33% from a low of $12.15 to $15.48, highlights fluctuating investor confidence in the company since it went public.
Despite a recent spike, TMTG's stock has plummeted 72% since its March debut, indicating broader challenges for Trump Media and Technology Group in the market.
TMTG has attracted 620,000 retail investors who are politically motivated—fluctuations in stock price impact their investments as much as political sentiments.
The significant stock trading activity, including 1.68 million shares exchanged at market opening on October 1, reflects changes in investor sentiment regarding TMTG.
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