Shares of Donald Trump’s company, Trump Media, rallied more than 33% (to $43.27). In fact, before the conference, the shares recorded an even greater increase, which exceeded 50%
Shares of Donald Trump’s company, Trump Media, which are traded on the Nasdaq, rallied more than 33% (to $43.27). In fact, before the conference, the shares recorded an even greater increase, exceeding 50%.
This reaction comes in the wake of the assassination attempt against the former US president who came out of the attack unscathed.
The CEO of Trump Media, Devin Nunesexpressed his “full sympathy” to those injured in the attack in Pennsylvania, but also his deepest condolences to the family of the man who was killed.
“The situation calls for a swift, thorough, federal investigation to unravel all the circumstances of this brazen attack, and to identify whether there are others involved.” Nunes said in a statement.
“Also, I am asking the federal government to provide whatever means President Trump requests for his security” he added.
According to CNBC, analysts estimate that the assassination attempt against Trump could lead to a victory for the former American president in the November elections.
“Saturday’s events reinforce the scenario that Donald Trump will win the November election. I think that’s what the markets are reacting to” he told CNBC Rob Casey, partner at Signum Global Advisors.
Source: Skai
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