Trump Media shares surge in market debut

March 26, 2024 at 10:16 AM EDT

Trump Media & Technology Group's stock climbed about 50% at the opening bell before being halted briefly due to volatility. It is currently trading at around $70 a share.

Shares of former President Donald Trump's social media company surged on Tuesday morning during its first day of trading on the Nasdaq.

Trump Media & Technology Group's stock climbed about 50% at the opening bell before being halted briefly due to volatility. It is currently trading at around $70 a share.

The company is the parent of the social media app Truth Social.

This is a developing story. Please check back for updates.