Trump Media & Technology Group's stock experienced a significant 9.23% surge on Monday morning, following a broader rally among Trump-linked stocks in anticipation of Donald Trump's upcoming inauguration as President.
According to reports, other Trump-affiliated companies such as Phunware and Rumble also saw their shares rise by 3% during the morning trading session.
Investors appear to be speculating on potential business opportunities and increased exposure for companies with ties to the former president as he prepares to take office once again.