DJT shares crack $50 as Trump Media continues stock bounce back

Shares of Trump Media, trading under the ticker DJT, experienced volatility as they briefly surpassed $50 before dropping to $45.59. Despite a recent 50% increase over the past week, the stock remains below its initial public offering price. Donald Trump, who owns 65% of the company, received an additional 36 million shares, raising his stake to a value of $5.7 billion at the $50 share price.