Trump Media and Technology Group (NASDAQ: DJT) saw a notable 10% increase in its stock price during Monday’s mid-day trading, reflecting growing investor optimism as President-elect Donald Trump’s inauguration nears. The stock’s rise follows a key Securities and Exchange Commission (SEC) disclosure last Thursday, which revealed that Trump has moved approximately 115 million shares—worth an estimated $4 billion—into a revocable trust. These shares now account for more than half of the company’s total stock.
Donald Trump Jr. is now the sole manager of the trust, holding exclusive voting and investing powers over its assets. The transfer of such a large portion of the company’s stock has sparked increased attention from investors, who view the move as a step toward strengthening the company’s position ahead of the upcoming political transition. The announcement has fueled confidence in Trump Media’s future, contributing to the positive momentum surrounding DJT stock.
