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On Friday, Trump Media & Technology Group Corp. (NASDAQ: DJT) experienced a gap up in its share price before trading. The stock opened at $53.92 but closed at $51.84 and last traded at $49.17 with a volume of 2,623,005 shares exchanged. The company’s 50-day moving average is $45.15.

Trump Media & Technology Group Corp. is the developer of a social media platform called Truth Social, offering social networking services in the United States. The company was established in 2021 and is headquartered in Sarasota, Florida. It provides users with an alternative to mainstream social media platforms such as Twitter and Facebook, allowing them to connect with like-minded individuals who share their values and beliefs.

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